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Two-Tenant Retail Outparcel

304 Bayfair Dr, San Leandro, CA

For Sale
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Occupancy combines a pet retailer and fitness club within Bayfair Center in San Leandro.

Property Size65,618 SF
Price / SF$312.41
Days on Market14

Property Features for 304 Bayfair Dr

General Information

Standard status Active
Size 65,618 SF
Property subtype Retail

Site & Location

Neighborhood Davis
Anchor Co-Tenants Target

Additional Details

Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: JLL - San Francisco, California
Listed By: Eric Kathrein · License #CA 01896107
Source: Crexi
Added: Oct 27 Changed: Nov 8 Last Checked: Nov 8 at 5:21PM

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 JLL - San Francisco, California

Rey
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Investment Insights

Based on property information with market context.

At 304 Bayfair Dr in San Leandro, this 65,618-square-foot retail property comprises space leased to PetSmart and 24 Hour Fitness. The property sits as an outparcel to Bayfair Center, with Target also identified as a center tenant. Both leases end in December 2030, and neither includes an option period.

The site is directly adjacent to Bayfair BART Station. Part of Bayfair Center is undergoing redevelopment as a research and development hub, adding a new use to the center’s mix.

Key Highlights

  • 65,618 square feet occupied by PetSmart and 24 Hour Fitness
  • Both tenant leases expire in December 2030, with no options
  • Outparcel within Bayfair Center, where Target is also a tenant

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Restaurant

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,181
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 59% Shops & Services 40% Electronics 2%
Wendy's Dining
19,893 visits/mo 0.5 miles
7-Eleven Shops & Services
8,851 visits/mo 0.2 miles
ARCO Shops & Services
7,419 visits/mo 0.2 miles
Brothers BBQ Dining
4,977 visits/mo 0.2 miles
Little Caesars Pizza Dining
1,861 visits/mo 0.2 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Retail space in Alameda County, CA

$461 Jul
$383 Aug
$372 Sep
$325 Oct

Properties on Market for Retail space in Alameda County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

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

Frequently Asked Questions

What type of property is this?
Retail space - Occupancy combines a pet retailer and fitness club within Bayfair Center in San Leandro.
Where is this retail space located?
The property is located at 304 Bayfair Dr San Leandro, CA.
What is the asking price?
The asking price for this property is $20,500,000.
What are key features of this property?
This property features: 65,618 square feet occupied by PetSmart and 24 Hour Fitness; Both tenant leases expire in December 2030, with no options; Outparcel within Bayfair Center, where Target is also a tenant
(415) 510-6961 Call to check price and availability
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