The Pads at Southland Mall

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in The Pads at Southland Mall (the “Property”), a premier Bay Area retail asset in Hayward, California.

Ideally positioned as an outparcel to Southland Mall, The Pads at Southland Mall features 25,229 square feet among four freestanding pad buildings fully leased to national restaurant tenants: Applebee’s, Panera Bread, Famous Dave’s, and Q-Pot. All leases are fully NNN with 6.4 years of weighted average lease term remaining and multiple renewal options, delivering secure and diversified cash flow. The property benefits from its strategic placement next to the regionally-drawing Southland Mall, which attracts more than 8 million annual visits and ranks in the top 2% of shopping centers nationwide.

The site encompasses 6.1 acres with direct exposure to the major East Bay thoroughfare, I-880, servicing 290,000 vehicles per day. Additionally, the area offers exceptional demographics with 118,000 households and an average household income of $141,379 within five miles, supporting a robust customer base.

The Pads at Southland Mall offers an outstanding opportunity to acquire a premier retail asset with a stable, long-term income stream in a thriving Bay Area submarket.