27795 Mission BlvdHayward, CA 94544

This exceptional investment opportunity presents a prime 0.46-acre (19,925 sq ft) lot at 27795 Mission Blvd, Hayward, CA 94544, zoned MB-CC. The property features a 600 sq ft building currently leased to Car Bazaar Inc., a local dealership, under a Net Lease (NNN) agreement with five years remaining and a five-year option. The asking price is $1,695,000, representing a compelling $85/sq ft land value and a strong 5.44% cap rate, generating a net operating income (NOI) of $89,750. The property boasts excellent visibility in a thriving commercial area with a diverse mix of businesses, shops, restaurants, and residential properties. Its convenient location offers easy access to public transportation and is approximately eight minutes from downtown Hayward. This presents a significant upside potential for investors seeking passive cash flow and future development opportunities, capitalizing on value appreciation in a dynamic market. Seller financing is available. The property's location within the culturally rich and economically diverse city of Hayward, California, further enhances its investment appeal. This is a rare chance to acquire a well-positioned asset in a rapidly growing area of the Bay Area.