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Two-Unit Flex Warehouse with Offices
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3501-3507 Arden Rd, Hayward, CA 94545

Two-unit flex warehouse property with offices and loading dock access, including a unit leased through 10/31/2032.

Property Size15,000 SF
Price / SF$384.33
Days on Market346

Property Features for 3501-3507 Arden Rd

General Information

Standard status Active
Size 15,000 SF
Property subtype INDUSTRIAL
Listing Agency: Colliers | Pleasanton
Listed By: Joe Yamin, SIOR
Source: Moodyscre
Added: Nov 20, 2025 Changed: Oct 25 Last Checked: Nov 1 at 8:00AM

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 Colliers | Pleasanton

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

3501–3507 Arden Rd presents a two-unit flex warehouse setup with office space and warehouse areas. Unit 1 is leased through 10/31/2032 and includes approximately 12,000 SF of office, 3,000 SF cooler, and 3,000 SF warehouse, supported by two loading dock positions and one grade level door.

Unit 2 is vacant and offers approximately 11,000 SF office and 6,500 SF warehouse, with one grade level door. The property is located on Arden Road in Hayward, CA 94545.

As advertised, available financing/tenancy details include Unit 1’s in-place lease and Unit 2’s readiness for occupancy. For leasing terms noted in the remarks, Unit 2 is listed at $1.50/SF per month, gross.

Key Highlights

  • Two‑unit flex warehouse property at 3501 Arden Road
  • Unit 1 (3501 Arden Road) leased through 10/31/2032 with approx. 8,000 SF total (approx. 2,000 SF office, 3,000 SF cooler, 3,000 SF warehouse)
  • Unit 1 loading: two (2) loading docks plus one (1) grade level door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$192,298
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,845,960 $3.8M
Cap Rate 7%
$2,747,114 $2.7M
Cap Rate 9%
$2,136,644 $2.1M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$239.4K $15.96/SF
− Vacancy
−$13.2K −$0.88/SF
EGI
$226.2K $15.08/SF
− OpEx
−$33.9K −$2.26/SF
NOI
$192.3K $12.82/SF
Area
Hayward, CA
Vacancy
5.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,845,960
Cap Rate 7%
$2,747,114
Cap Rate 9%
$2,136,644

Alternative Uses

Best Use
Warehouse
$2.75M
$2.40M – $3.20M (±1% cap)
NOI $192,298 @ 7.0% cap · market cap 3.34%
Second Best
Industrial
$2.26M
$1.98M – $2.64M (±1% cap)
NOI $158,363 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$4.64M
$4.06M – $5.41M (±1% cap)
NOI $324,576 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Real Estate Agency Spa & Massage Center Restaurant Law Firm Hair Salon

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

721
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Jordon's Culinary Creations — 3423 Investment Blvd #7, Hayward, CA 94545
  • Duane's Catering and Confections — 3524 Breakwater Ave, Hayward, CA 94545

Frequently Asked Questions

What type of property is this?
Flex space - Two-unit flex warehouse property with offices and loading dock access, including a unit leased through 10/31/2032.
Where is this flex space located?
The property is located at 3501-3507 Arden Rd Hayward, CA.
What is the asking price?
The asking price for this property is $5,765,000.
What are key features of this property?
This property features: Two‑unit flex warehouse property at 3501 Arden Road; Unit 1 (3501 Arden Road) leased through 10/31/2032 with approx. 8,000 SF total (approx. 2,000 SF office, 3,000 SF cooler, 3,000 SF warehouse); Unit 1 loading: two (2) loading docks plus one (1) grade level door
(925) 200-4687 Call to check price and availability
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