165-169 Medford Avenue...165-169 Medford Avenue 1 mi Radius 3 mi Radius 5 mi Radius POPULATION 2018...
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www.ngcip.com | Broker # 01910787 T (209) 477-4400 | F (209) 476-7344 Multi-Tenant Commercial/Residential Property 165-169 Medford Avenue Hayward, California For Sale Bill Johnson | Investments Partner (209) 546-6051 [email protected] License # 01992157 Xavier Santana |CEO (925) 226-2455 [email protected] License # 01317296 Frank Cuevas| Associate (209) 599-0100 [email protected] License # 02064774
Transcript of 165-169 Medford Avenue...165-169 Medford Avenue 1 mi Radius 3 mi Radius 5 mi Radius POPULATION 2018...
www.ngcip.com | Broker # 01910787T (209) 477-4400 | F (209) 476-7344
Multi-Tenant Commercial/Residential Property
165-169 Medford AvenueHayward, California
For Sale Bill Johnson | Investments Partner(209) 546-6051
[email protected] # 01992157
Xavier Santana |CEO(925) 226-2455
[email protected] # 01317296
Frank Cuevas| Associate(209) 599-0100
[email protected] # 02064774
PROPERTY SUMMARY3600 Sisk Road · Modesto, California Hayward, California
Commercial/Residential Property
SALE PRICE: 1,300,000
APN: 429-10-12
# OF UNITS: 4
PARCEL SIZE: ± 0.64 AC
ZONING: General Commercial (GC)
LAND USE DESIGNATION: Low Medium Density Residential
UNIT SIZE:
Unit 1 (2 Bedroom Home)Unit 2 (1 Bedroom Home)Unit 3 (Cabinet Shop)Unit 4 (Warehouse)*Extra Building/Storage*Portable Building*Restroom
± 1,096 Sq Ft± 560 Sq Ft± 2,865 Sq Ft± 1,647 Sq Ft± 862 Sq Ft± 420 Sq Ft± 100 Sq Ft
• Strong established trade area
• Prime redevelopment for multi-unit residences
• Above normal household income at $80,000 per household
• Located in a Federally Designated Opportunity Zone
• Located 1.5 miles from Hayward BART Station
PROPERTY HIGHLIGHTS:
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Property Summary165-169 Medford Avenue
| PG 3
Estimated Operating Expenses Owner's 2018
Property Taxes $1,438
Insurance $1,221
Water/Sewer $1,708
Gardening $1,058
Property Management $4,031
Capital Reserves $0
Total $9,456
Annual Per Square Foot $1.53
Monthly Per Square Foot $0.13
Financial Structure
Scheduled Gross Income Actual-In-Place
Base Rent $74,400
Expense Recoveries $0
Other Income $0
Lease-Up Available Space $0
Subtotal $74,400
Less Vacancy Allowance $0
Effective Gross Income $74,400
Less Expenses $9,456
Net Operating Income $64,944
Hayward, CAIndustrial/Residential PropertyFinancial Structure
165-169 Medford Avenue Hayward, California
Commercial/Residential Property
| PG 4
Building Type Site Size (sq ft)
% of Total Bldg Sq Ft
Monthly Base Rate
Monthly Rent (PSF)
Annual Rent (PSF)
% of Total Bldg. Income
LEASE EXPIRATION DATE
1 2 Bedroom Home 1,096 17.8% $1,950 $1.78 $21.35 $2.75 MTM
2 1 BedroomHome 560 9.1% $1,350 $2.41 $28.93 $3.00 MTM
3 Cabinet Shop 2,865 46.4% $1,450 $0.51 $6.07 $2.00 MTM
4 Appliance Warehouse 1,647 26.7% $1,450 $0.88 $10.56 $3.25 MTM
Total 6,168 100.0% $6,200 $1.39 $16.73 100.0%
Hayward, CAIndustrial/Residential PropertyRent Roll
165-169 Medford Avenue Hayward, California
Commercial/Residential Property
PROPERTY SUMMARY3600 Sisk Road · Modesto, California
| PG 5
Hayward, California
Industrial/Residential PropertyMarket View - Facing East165-169 Medford Avenue Hayward, California
Commercial/Residential Property
PROPERTY SUMMARY3600 Sisk Road · Modesto, California
| PG 6
Hayward, California
Industrial/Residential PropertyMarket View - Facing West165-169 Medford Avenue Hayward, California
Commercial/Residential Property
RADIUS MAP
© 2019 Northgate Commercial Real Estate. We obtained the information above from sources webelieve to be reliable. However, we have not verified its accuracy and make no guarantee,warranty or representation about it. It is submitted subject to the possibility of errors, omissions,change of price, rental or other conditions, prior sale, lease or financing, or withdrawal withoutnotice. We include projections, opinions, assumptions or estimates for example only, and they maynot represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
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PROPERTY SUMMARY3600 Sisk Road · Modesto, California Hayward, California
Industrial/Residential PropertyProperty Summary165-169 Medford Avenue
1 mi Radius
3 mi Radius
5 mi Radius
POPULATION2018 Estimated Population 36,583 234,640 387,355
2023 Projected Population 37,207 237,725 392,2102010 Census Population 33,875 213,715 354,209Projected Annual Growth 2018 to 2023 0.3% 0.3% 0.3%
2018 Median Age 35.6 37.2 37.9
HOUSEHOLDS2018 Estimated Households 11,347 78,595 127,940
2023 Projected Households 11,789 81,275 132,311
2010 Census Households 10,741 73,154 119,627
Projected Annual Growth 2018 to 2023 0.8% 0.7% 0.7%
Historical Annual Growth 2000 to 2018 0.4% 0.4% 0.4%
RACE AND ETHNICITY2018 Estimated White 39.5% 39.6% 38.2%
2018 Estimated Black or African American 10.5% 10.9% 11.0%
2018 Estimated Asian or Pacific Islander 20.2% 26.6% 28.3%
2018 Estimated American Indian or Native Alaskan 0.9% 0.8% 0.7%
2018 Estimated Other Races 28.8% 22.1% 21.6%
2018 Estimated Hispanic 44.1% 32.9% 31.3%
INCOME2018 Estimated Average Household Income $88,735 $102,479 $109,313
2018 Estimated Median Household Income $72,777 $82,135 $86,374
2018 Estimated Per Capita Income $27,715 $34,460 $36,230
BUSINESS2018 Estimated Total Businesses 760 7,520 12,9392018 Estimated Total Employees 4,602 67,351 124,715
Hayward, California
Commercial/Residential Property
