Updated Dec 20, 2023
Blane Warhurst Acquires Mixed-Use Property In Hayward For $8.7M
1050 Glad Tidings Way, Hayward, CA, USA
$8,700,000
$307/SF
Building Size
28,320 SF
Asset Type
Mixed-use
Closing
Aug 31, 2021
About this deal
AI
An $8,700,000 mixed-use property located at 1050 Glad Tidings Way & 27512 Tampa Ave. in Hayward has been sold. The transaction took place on 08/31/2021 and involved buyer Blane Warhurst and seller Rachel Weinreb. The property spans 28,320 square feet, resulting in a price per square foot of $307.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $8,700,000
- Address: 1050 Glad Tidings Way & 27512 Tampa Ave., Hayward
- Market: Hayward
- Buyer: Blane Warhurst
- Seller: Rachel Weinreb
- Brokers: Louis Kwok & Eduardo Vergara
- Square Footage: 28,320
- Price per Square Foot: $307
The sale of the property was facilitated by brokers Louis Kwok and Eduardo Vergara. They represented the buyer, Blane Warhurst, and the seller, Rachel Weinreb, in the transaction.
On the Map
$8,700,000
$307/SF
Mixed-use
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Players
Hayward Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93