Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Downtown Hayward Affordable Office Space Title is generated by Realmo AI

    22612 Foothill Blvd, Hayward, CA 94541

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Affordable office space in downtown Hayward, heart of the Bay.

    Type:Office
    Added:
    May 27, 2020
    Days on Market:
    2197
    Last Refresh:
    May 12 at 10:46 pm

    Property Features for 22612 Foothill Blvd

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 22612 Foothill Blvd Contact us

    Suite 220 $1.00/Mo

    Size
    1,000 SF
    Type
    Office
    Great downtown Hayward location, the Heart of the Bay. Close to all major attraction...
    show more
    Contact us

    We can help!

    Listing Contact
    Faz Binesh

    Listing agent Faz Binesh

    Listing office Coldwell Banker Commercial

    Listing date May 27, 2020

    Source Crexi

    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 Coldwell Banker Commercial

    HighLights

    • Prime Downtown Hayward Location: High visibility and accessibility in the Bay Area.
    • Affordable Lease Rates: The most affordable office space in downtown Hayward.
    • Close Proximity to Transportation: Walking distance to BART and a short drive to FWYs 238, 580, and 880.
    • High‑Density Population: Serves a densely populated area with nearby towns.
    • Walking Distance to Key Amenities: Close to City Hall, entertainment venues, and downtown Hayward businesses.
    • Professional Service Offices: Suitable for businesses catering to the needs of the local community.

    Overview

    Located in downtown Hayward, this office space offers affordable lease rates suitable for various businesses. It is positioned to serve the needs of a densely populated area and is in close proximity to San Lorenzo, San Leandro, and Castro Valley. The property is within walking distance of City Hall, entertainment venues, downtown Hayward businesses, and BART. It also provides convenient access to FWYs 238, 580, and 880.
    Property Profile Location Intelligence

    Current Use by Public Records

    Empire Workforce Solutions Employment Agency California Pacific International ... High School Rare Delights LLC (Bike/Boat/Book/etc) Store U-Haul Neighborhood Dealer Car Rental Facility

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hayward
    County
    Alameda
    State
    California
    Longitude
    -122.0805029
    Latitude
    37.6739852

    Nearby Similar for Lease

    • $36 SF/Yr
      9,846 SF

      Hayward Office Space Available

      Second-floor office space with meeting room and kitchen for rent.
      971 B St, Hayward, CA 94541
      View Details
    • $8,500/Mo
      3,170 SF

      Equipped Auto Repair Shop

      Fully equipped auto repair shop in prime Hayward location.
      528 Jackson St., Hayward, CA 94544-1532
      View Details
    • $2,200/Mo
      9,423 SF

      Retail Space on Foothill Boulevard

      Retail space available on Foothill Blvd. in Hayward, CA.
      21297 Foothill Blvd., Hayward, CA 94541
      View Details
    • $15 SF/Yr
      7,779 SF

      Mixed-Use Building on Corner Lot

      7,779 SF mixed-use building on a 39,249 SF lot.
      24089 Watkins St, Hayward, CA 94544
      View Details
    • $4,300/Mo
      20,400 SF

      Hayward Commercial Space Available

      Versatile 20400 sqft commercial space for rent in Hayward.
      25181 Huntwood Avenue, Hayward, CA 94544
      View Details
    • $3,600/Mo
      2,193 SF

      Hayward Retail/Office Space Available

      2193 sqft retail or office space for rent.
      1252 W Winton Avenue 7, Hayward, CA 94545
      View Details
    • $1,295/Mo

      Spacious Top Floor Office Unit

      Top floor office unit with new flooring near Downtown Hayward.
      1260 A St, Hayward, CA 94541
      View Details
    • $1.36 SF/Yr
      3,941 SF

      Hayward Warehouse with Office Space

      Warehouse space with office, drive-in door, and parking.
      20949-20957 Cabot Blvd, Hayward, CA
      View Details
    • $1.50 SF/Yr
      7,272 SF

      Hayward Industrial Space For Lease

      7,272 SF light industrial space with office near I-880.
      1930-1932 W Winton Ave, Hayward, CA
      View Details
    • $1.10 SF/Yr
      10,368 SF

      Hayward Flex Space Available Now

      10,368 SF flex building with office space for lease.
      21325-21375 Cabot Blvd, Hayward, CA
      View Details
    • $2,604/Mo
      10,421 SF

      Professional Office Space Available

      665 sq ft office space ideal for small businesses.
      W. Tennyson Road, Hayward, CA 94544
      View Details
    • Contact for pricing
      19,658 SF

      Life Science Ready Flex Space

      Turn-key flex space equipped for life science applications.
      30780 Santana Street, Hayward, CA, 94544
      View Details

    FAQs

    What type of property is this?
    Office units - Affordable office space in downtown Hayward, heart of the Bay.
    Where is this office units located?
    The property is located at 22612 Foothill Blvd Hayward, CA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Prime Downtown Hayward Location: High visibility and accessibility in the Bay Area.; Affordable Lease Rates: The most affordable office space in downtown Hayward.; Close Proximity to Transportation: Walking distance to BART and a short drive to FWYs 238, 580, and 880.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Faz Binesh
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    22612 Foothill Blvd, Hayward, CA 94541
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!