PetSmart & 24 Hour Fitness at Bayfair Center

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in the PetSmart & 24 Hour Fitness at Bayfair Center (the “Property”), a premier retail asset located within a high-traffic freeway corridor in San Leandro, California.

Ideally positioned as an outparcel to Bayfair Center, the PetSmart & 24 Hour Fitness at Bayfair Center features 65,618 square feet among two best-in-class tenants. With both leases coterminously expiring in December 2030 with no options, the Property offers a compelling value-add opportunity with attractive flexibility to either renew existing tenants or capture upside through releasing at current market rates. This value proposition is further enhanced by the Property’s position within Bayfair Center, where it drives significant foot traffic alongside Target and the center’s

diverse retail tenants, which anchor half of Bayfair Center. The other half is being redeveloped into a research and development hub for the East Bay, creating a dynamic mixed use environment. The current tenancy combined with the redevelopment positions Bayfair Center as the go-to destination for local residents, the expanding start-up and research workforce, and East Bay regional consumers.

The Property benefits from superior visibility and access along San Leandro’s heavily trafficked retail corridor, with direct adjacency to the Bayfair BART Station ensuring robust regional connectivity. This strategic location within the evolving Bayfair Center ecosystem creates a dynamic live work-shop environment that will further drive sustained demand.

This offering represents a unique opportunity to acquire a high-quality retail asset with near-term value-add potential in one of the East Bay’s most prominent retail corridors.