Hayward Auto Shop Investment
For Sale
$7,000,000
Address Not Disclosed, Hayward, CA
Established auto dealership in Hayward, CA with high return potential.
Property Size24,092 SF
Price / SF$290.55
Days on Market274
Property Features for Address Not Disclosed
General Information
Standard status
Active
Size
24,092 SF
Property subtype
Retail
Building Details
Building Size
24,092 SF
Year Built
1969
Listing Agency:
NAI Northern California
(415) 297-5586
Listed By:
Mary Alam, MBA · License #CalDRE #01927340
(415) 297-5586
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 17
Last Checked: Aug 22 at 4:29AM
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 NAI Northern California
Investment Insights
Based on property information with market context.
This property in Alameda County presents a sale leaseback opportunity with an established dealership. The seller will sign a five-year NNN lease from the close of escrow, appealing to investors seeking a core Bay Area asset with a high return. Zoned Commercial General and Medium Density Residential, with a General Plan zoning of Commercial/High Density Residential, the property offers potential for future development. Hayward's central location provides strategic access to freeways, transit, and air travel, making it a desirable business location. The city has a population of 150,000 residents and serves as a regional center of commerce with manufacturing and trade. Hayward's location makes it a centralized option in the heart of the Bay Area. The property benefits from a high-traffic location with over 54,000 vehicles per day and is situated in a dense retail and residential area with approximately 221,137 people within a three-mile radius. It features major street frontage on a main thoroughfare and is located near multiple new, large-scale developments. The tenant is open for business.
Key Highlights
- NNN sale‑leaseback with an established dealership, providing immediate and stable income.
- Five‑year lease from close of escrow, offering a secure investment horizon.
- High‑traffic location with over 54,000 vehicles per day, ensuring high visibility.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$334,765
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,695,300
$6.7M
Cap Rate 7%
$4,782,357
$4.8M
Cap Rate 9%
$3,719,611
$3.7M
Market Conditions
NOI Build-Up for 24,092 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$520.4K $21.60/SF
− Vacancy
−$42.2K −$1.75/SF
EGI
$478.2K $19.85/SF
− OpEx
−$143.5K −$5.96/SF
NOI
$334.8K $13.90/SF
Area
Hayward, CA
Vacancy
8.10%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,695,300
Cap Rate 7%
$4,782,357
Cap Rate 9%
$3,719,611
Alternative Uses
Best Use
Retail
$4.78M
$4.18M – $5.58M
NOI $334,765 @ 7.0% cap · market cap 4.78%
Second Best
Industrial
$3.63M
$3.18M – $4.24M
NOI $254,352 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$7.45M
$6.52M – $8.69M
NOI $521,312 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
997
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Established auto dealership in Hayward, CA with high return potential.
Where is this auto shop located?
The property is located at Address Not Disclosed Hayward, CA.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: NNN sale‑leaseback with an established dealership, providing immediate and stable income.; Five‑year lease from close of escrow, offering a secure investment horizon.; High‑traffic location with over 54,000 vehicles per day, ensuring high visibility.
