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    24582 Hesperian Blvd Hayward, CA 94545

    Sponsored
    For Lease
    Contact for pricing

    High-Traffic Retail Space, I-880 Corridor

    Lot size:
    29,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Southland Mall presents a prime retail investment opportunity situated on the heavily trafficked I-880 corridor in Alameda County. This single-tenancy retail space is zoned CBB20 and boasts a highly visible location within a thriving shopping center. The property benefits from strong national brand neighbors including Buffalo Wild Wings, Wells Fargo, City Sports, Seafood City, and Olive Garden, ensuring high foot traffic and brand recognition. A recent cosmetic renovation has modernized the center's appearance, creating an attractive environment for new businesses. The property offers pylon signage availability for enhanced visibility and boasts an impressive Average Daily Traffic count of 60,000 on Hesperian Boulevard. Further development potential exists, with the possibility of a build-to-suit option and the addition of a drive-thru lane on Hesperian Boulevard, catering to the demands of modern consumers. This location within Southland Mall provides access to a densely populated area and a diverse mix of existing retailers and dining establishments, creating a synergistic environment for new businesses. The property's APN is 442-0010-006-01. This is an exceptional opportunity for a business seeking high visibility and strong potential for growth in a well-established shopping center.

    Property Features for 24582 Hesperian Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,000 SF

    Unit(s) available at that property

    Space
    Size
    29,000 SF

    HighLights

    • Retail property in Alameda County, single‑tenant occupancy.
    • Potential for drive‑thru development.
    • Located on the I‑880 corridor with high traffic counts (Hesperian Blvd ADT 60,000).
    • Strong national tenant mix including Buffalo Wild Wings, Wells Fargo, City Sports, Seafood City, and Olive Garden.
    • Pylon signage available.
    • Recently renovated.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hayward
    County
    Alameda
    State
    California
    Longitude
    -122.1061542
    Latitude
    37.6484859

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    FAQs

    What type of property is this?
    Retail property - High-Traffic Retail Space, I-880 Corridor
    Where is this retail property located?
    The property is located at 24582 Hesperian Blvd Hayward, CA.
    What are key features of this property?
    This property features: Retail property in Alameda County, single-tenant occupancy.; Potential for drive-thru development.; Located on the I-880 corridor with high traffic counts (Hesperian Blvd ADT 60,000).
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    24582 Hesperian Blvd Hayward, CA 94545
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