About 30158 Industrial Parkway
Prime single-tenant Absolute NNN investment in Hayward, CA, leased to Panda Express, Inc., corporate-guaranteed and operating at this location since 2005. 2,406 SF freestanding building, built in 2005. Tenant pays 100% of property taxes, insurance, HOA, and all maintenance, providing truly passive income for the owner. Current term runs 11/01/2025 to 10/31/2030, with two (2) five-year extension options. Offering a 7.78% CAP at the $2,280,000 asking price, significantly above the typical 4.5%-6% range for similar Bay Area NNN properties. Located on a high-visibility signalized corner at Whipple Blvd & Industrial Pkwy SW, adjacent to Target, Costco, and the I-880 freeway. Perfect for 1031 exchange buyers seeking long-term, management-free income from a nationally recognized tenant.
