31128 San Clemente St

 

FOR SALE · HAYWARD

31128 San Clemente St

Hayward, CA
Sale Price
$5,300,000 (±$294.53/SF)
Lease Rate
Contact broker for details
Size
±17,995 SF
31128 San Clemente St, Hayward, CA
Building Size
±17,995 SF
Lot Size
±0.94 AC (±40,946 SF)
Year Built
1975
Zoning
Industrial (I), City of Hayward
01 — WHY THIS PROPERTY

±17,995 SF for sale in Hayward, CA.

01
Built-Out Food Production Infrastructure

The building served for nine years as the primary production facility for a food manufacturer, and comes equipped with freezer and cooler units, floor drains in production areas, and clean rooms — infrastructure that is costly and slow to permit from scratch for a food, beverage, or life-science user.

02
Heavy Power for Manufacturing Users

1,200 amp, 240V service (buyer to verify) supports process equipment, refrigeration, and production lines beyond what typical single-tenant industrial buildings in this size range carry.

03
Flexible Truck and Van Access

A mix of one dock-high door, one grade-level door, and two drive-in doors allows the building to handle both full trailer loading and smaller van/box-truck traffic without reconfiguration.

04
Positioned in Hayward's Core Industrial Corridor

Located in the Russell City / West Outer Hayward industrial area near Hayward Executive Airport, with direct access to the I-880 and I-238 interchange and the San Mateo Bridge (Hwy 92) for Peninsula distribution.

02 — PROPERTY DETAIL

Building specifications

Total Building
±17,995 SF
Lot Size
±0.94 AC (±40,946 SF)
Year Built
1975
Construction
Contact broker for details
Clear Height
18' clear
Loading
1 dock-high door, 1 grade-level door, 2 drive-in doors
Power
1,200 amp, 240V (buyer to verify)
Fire Protection
Contact broker for details
Parking
25 spaces (±1/1,000 SF)
Zoning
Industrial (I), City of Hayward
03 — THE AREA

Russell City / West Outer Hayward Industrial Corridor

31128 San Clemente Street sits in Hayward's established Russell City / West Outer Hayward industrial area, a corridor of single- and multi-tenant industrial and manufacturing buildings a short distance from Hayward Executive Airport (HWD), a general-aviation field that also anchors nearby aerospace, logistics, and light-manufacturing users.

The site benefits from Hayward's central East Bay position: it is minutes from the I-880/I-238 interchange, which connects south to Fremont and Silicon Valley and north to Oakland and the broader Bay Area freeway network, and is within easy reach of the San Mateo–Hayward Bridge (Hwy 92) for distribution into the San Francisco Peninsula.

04 — IN THE MARKET

East Bay Industrial Leasing Shows Renewed Momentum Entering 2026

Local News

According to Kidder Mathews' Q2 2026 East Bay Industrial Market Report, the Hayward submarket — roughly 44 million SF of industrial inventory — posted 671,296 SF of leasing activity in the quarter, the second-highest total among East Bay submarkets, even as direct vacancy across the broader East Bay ticked up to 8.7% and average asking rents softened to $1.44/SF/month NNN.

Hayward's own direct vacancy stood at 9.5% with average direct asking rents of $1.35/SF/month NNN and only about 99,400 SF under construction, reflecting a supply-constrained submarket where well-located, functional buildings like 31128 San Clemente continue to draw tenant and investor interest even as the wider East Bay market works through negative net absorption.

Market Snapshot
9.5%
Source: Kidder Mathews East Bay Industrial Market Report, Q2 2026
$1.35/SF/mo NNN
Direct asking rent, industrial product
671,296 SF
Second-highest quarterly leasing volume of any East Bay submarket

Source: Kidder Mathews, East Bay Industrial Market Report, Q2 2026

05 — OUR TAKE

How we'd position this listing

This is a rare owner-user or investment opportunity in Hayward's tight industrial core: a single-tenant building with genuine food-production infrastructure — refrigeration, floor drains, clean rooms, and heavy power — that would take significant capital and time to replicate in a standard shell building.

With Hayward direct vacancy near 9.5% and construction activity minimal, functional buildings of this size in this corridor are scarce; a buyer or tenant with cold-chain, food/beverage, or light-manufacturing requirements should move on specialized product like this while it's available.

Want the full offering memorandum?

Get rent roll detail, floor plans, and comparable sales for 31128 San Clemente St.

Let's talk about 31128 San Clemente St.

Request Full Package
Jeffrey Ida — (415) 828-7679
jida@lee-associates.com
Brendan Gallagher — (760) 846-1736
Lee & Associates — San Francisco
242 California St, San Francisco, CA 94111
© 2026 The Ida Group at Lee & Associates. All rights reserved.