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Retail Space on Hesperian Boulevard
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23918 Hesperian Boulevard, Hayward, CA 94541

Retail space in a high-traffic area near major anchors.

Property Size3,532 SF
Days on Market129

Property Features for 23918 Hesperian Boulevard

General Information

Standard status Active
Size 3,532 SF
Property subtype Retail
Listing Agency: CBRE | Palo Alto
Listed By: Drew Greenspan · License #01447531
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Jul 31 at 3:41AM

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 CBRE | Palo Alto

Investment Insights

Based on property information with market context.

A 3,532 square foot retail space is available along Hesperian Boulevard, which experiences a daily traffic volume of 36,803 vehicles. The property benefits from excellent street frontage and pylon signage opportunities. It is situated in a shopping center anchored by Office Depot and Walgreens. The location provides easy access to I-880 and I-238, offering regional connectivity throughout the East Bay. The property is located near Southland Mall, which is anchored by Cinemark, Round One Entertainment, Macy's, Ross, Hobby Lobby, JCPenney, and Planet Fitness.

Key Highlights

  • High‑visibility location on Hesperian Blvd with significant daily traffic (36,803 VPD).
  • Anchored by Office Depot and Walgreens, driving customer traffic.
  • Excellent street frontage and pylon signage opportunity.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Acupuncture Florist Veterinary Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

884
Businesses Nearby
240k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 55% Groceries 28% Dining 15% Hotels & Casinos 1%
Target Superstores
131,144 visits/mo 0.5 miles
Island Pacific Supermarkets Groceries
33,762 visits/mo 0.4 miles
Smart & Final Groceries
33,252 visits/mo 0.1 miles
Jamba Juice Dining
20,124 visits/mo 0.5 miles
Cheese Steak Shop Dining
5,680 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in a high-traffic area near major anchors.
Where is this retail space located?
The property is located at 23918 Hesperian Boulevard Hayward, CA.
What are key features of this property?
This property features: High‑visibility location on Hesperian Blvd with significant daily traffic (36,803 VPD).; Anchored by Office Depot and Walgreens, driving customer traffic.; Excellent street frontage and pylon signage opportunity.
More about this property
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