Building Details

Year Built 1966

Listing Agency: Fohl Realty & Investments Show Phone

Listed By: Lorena Gonzalez · License #02092918 Show Phone

Source: Exitrealty

Added: Nov 23, 2025 Changed: Oct 1 Last Checked: Oct 5 at 5:00PM

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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 Fohl Realty & Investments

Investment Insights

Based on property information with market context.

This is an investment opportunity to acquire a package of three income-generating parcels. The first parcel features a 3,000 sq ft retail building on a 10,476 sq ft lot. It also includes leased solar panels. The second parcel boasts a 5,472 sq ft lot. The third parcel includes a 1,874 sq ft restaurant building sitting on a 5,291 sq ft lot, suitable for restaurant or retail purposes. The third parcel also includes a building currently housing an office and a salon. There are 24 parking spaces on site. All properties are currently leased and generating rental income. The total property size is 21,239 sq ft. The location is central with high traffic, offering visibility and accessibility.

Key Highlights

• Package of 3 income‑generating parcels.
• High‑traffic, central location.
• Currently leased with existing rental income.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$335,948

Cap Rate

8.64%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$6,718,960 $6.7M

Cap Rate 7%

$4,799,257 $4.8M

Cap Rate 9%

$3,732,756 $3.7M

Market Conditions

NOI Build-Up for 21,239 SF

Gross rent

$484.2K $22.80/SF

− Vacancy

−$36.3K −$1.71/SF

EGI

$447.9K $21.09/SF

− OpEx

−$112.0K −$5.27/SF

NOI

$335.9K $15.82/SF

Area

Hayward, CA

Vacancy

7.50%

Lease Rate

$22.80 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$6,718,960

Cap Rate 7%

$4,799,257

Cap Rate 9%

$3,732,756

Alternative Uses

Best Use

Specialty Retail

$4.80M

$4.20M – $5.60M (±1% cap)

NOI $335,948 @ 7.0% cap · market cap 8.64%

Second Best

Retail

$4.22M

$3.69M – $4.92M (±1% cap)

NOI $295,122 @ 7.0% cap · market cap 7.59%

Theoretical Best

Office A

$6.57M

$5.74M – $7.66M (±1% cap)

NOI $459,578 @ 7.0% cap · market cap 11.82%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Se Corta Carne ... Take-out & Catering

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Butcher Travel Agency Kitchen & Bath Showroom 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.

Location Intelligence

Trade Area within ½ mile

1,084

Businesses Nearby

Under-served

Demand for This Use

Explore this area 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

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Three income-generating parcels with retail, restaurant, and office spaces.

Where is this grocery and convenience store located?

The property is located at 344 A St Hayward, CA.

What is the asking price?

The asking price for this property is $3,888,888.

What are key features of this property?

This property features: Package of 3 income‑generating parcels.; High‑traffic, central location.; Currently leased with existing rental income.