Office-Showroom-Warehouse
2506 Technology Dr, Hayward, CA 94545
For Sale
Contact for pricing
The condominium combines office, showroom, and warehouse space in a single flex property.
Property Size5,132 SF
Price / SF$314.71
Days on Market26
Property Features for 2506 Technology Dr
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Mixed-Use Components
Additional Details
Tenant in Place
Property Use
Listing Agency:
Dock High Commercial Real Estate & Consulting
Listed By:
michael barnette · License #CA
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 8 at 5:45PM
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 Dock High Commercial Real Estate & Consulting
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Investment Insights
Based on property information with market context.
This flex-space condominium offers a combined office, showroom, and warehouse configuration within approximately 5,132 square feet. The property is offered for sale and is currently tenant-occupied.
Key Highlights
- Approximately 5,132 square feet of flex space
- Office, showroom, and warehouse uses in one condominium
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,311
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,426,220
$1.4M
Cap Rate 7%
$1,018,729
$1.0M
Cap Rate 9%
$792,344
$792.3K
Market Conditions
NOI Build-Up for 5,132 SF
Gross rent
$110.9K $21.60/SF
− Vacancy
−$9.0K −$1.75/SF
EGI
$101.9K $19.85/SF
− OpEx
−$30.6K −$5.96/SF
NOI
$71.3K $13.90/SF
Area
Hayward, CA
Vacancy
8.10%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,426,220
Cap Rate 7%
$1,018,729
Cap Rate 9%
$792,344
Alternative Uses
Best Use
Retail
$1.02M
$891.4K – $1.19M
NOI $71,311 @ 7.0% cap · market cap 4.42%
Second Best
Warehouse
$939.9K
$822.4K – $1.10M
NOI $65,792 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,048 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 94545, CA
33,786
Population
10,439
Households
3.2
Avg Household Size
39
Median Age
34%
College-Educated
84%
High-School Grad
14.5 sq mi
ZIP Area
2,330
Density / Sq Mi
$115,258
Median Household Income
$55,874
Median Earnings
$2,426
Median Rent
$838,800
Median Home Value
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Market
Properties on Market for Flex space in Hayward
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Kabila — 29286 Union City Blvd, Union City, CA 94587
- SchoolFoodies — 2363 Tripaldi Way, Hayward, CA 94545
Frequently Asked Questions
What type of property is this?
Flex space - The condominium combines office, showroom, and warehouse space in a single flex property.
Where is this flex space located?
The property is located at 2506 Technology Dr Hayward, CA.
What is the asking price?
The asking price for this property is $1,615,071.
What are key features of this property?
This property features: Approximately 5,132 square feet of flex space; Office, showroom, and warehouse uses in one condominium
