Office Unit with Private
For Sale
Contact for pricing
21550 FOOTHILL BLVD, Hayward, CA 94541
Approximately 1,800 rentable square feet includes a conference room, reception area, and open workspace.
Property Size4,600 SF
Price / SF$0.61
Days on Market1938
Property Features for 21550 FOOTHILL BLVD
General Information
Standard status
Active
Size
4,600 SF
Net Rentable
1,800 SF
Property subtype
Comm Ind For Lease
Site & Location
Neighborhood
North Hayward
Additional Details
Property Use
Office
Building Details
Year Built
1987
Listing Agency:
Century 21 Ability Realty
Listed By:
Christian Nazareth · License #01269143
(510) 582-6474
Source:
Jpnrealty
Added: Jul 13, 2021
Changed: Oct 31
Last Checked: Nov 1 at 3:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Ability Realty
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Investment Insights
Based on property information with market context.
This office unit offers approximately 1,800 SF of rentable space, arranged with three private offices, a conference room, and a broad reception and cubicle area. The space includes a bathroom and access to a shared entry with tall ceilings. The building was constructed in 1987 and received an architectural award from the City of Hayward.
Water and trash removal are paid by the owner.
Water and trash removal are paid by the owner.
Key Highlights
- Approximately 1,800 SF of rentable office space
- Three private offices and a conference room
- Open reception and cubicle area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,953
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,439,060
$1.4M
Cap Rate 7%
$1,027,900
$1.0M
Cap Rate 9%
$799,478
$799.5K
Market Conditions
NOI Build-Up for 4,600 SF
Gross rent
$121.4K $26.40/SF
− Vacancy
−$25.5K −$5.54/SF
EGI
$95.9K $20.86/SF
− OpEx
−$24.0K −$5.21/SF
NOI
$72.0K $15.64/SF
Area
Hayward, CA
Vacancy
21.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,439,060
Cap Rate 7%
$1,027,900
Cap Rate 9%
$799,478
Alternative Uses
Best Use
Office B
$1.03M
$899.4K – $1.20M
NOI $71,953 @ 7.0% cap · market cap 2,569.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,537 @ 7.0% cap · market cap 3,554.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,406
Businesses Nearby
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Business Placement
Demographics for 94541, CA
69,736
Population
23,217
Households
3
Avg Household Size
36
Median Age
30%
College-Educated
82%
High-School Grad
7.5 sq mi
ZIP Area
9,298
Density / Sq Mi
$106,556
Median Household Income
$52,023
Median Earnings
$2,229
Median Rent
$781,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Approximately 1,800 rentable square feet includes a conference room, reception area, and open workspace.
Where is this office unit located?
The property is located at 21550 FOOTHILL BLVD Hayward, CA.
What are key features of this property?
This property features: Approximately 1,800 SF of rentable office space; Three private offices and a conference room; Open reception and cubicle area
