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Fremont Industrial Space Under Construction
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49000 Milmont Drive, Fremont, CA 94538

Under construction industrial space with office and mezzanine levels.

Property Size267,099 SF
Days on Market251

Property Features for 49000 Milmont Drive

General Information

Standard status Active
Size 267,099 SF
Property subtype Industrial
Listing Agency: CBRE | San Jose
Listed By: Chip Sutherland · License #01014633
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 2:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | San Jose

Investment Insights

Based on property information with market context.

This property, currently under construction, offers approximately 267,099 square feet of space on a site of about 13.63 acres. It features an estimated 8,217 square feet of first-floor office space and an additional 7,501 square feet of second-floor mezzanine level. The column spacing is approximately 60’ x 56’ and 60’ x 62’. The property includes 27 dock-high doors with an approximate 10’ clear height and 2 grade-level doors with an approximate 14’ clear height. The clear height throughout the warehouse is about 36 feet. Electrical capacity is supported by a 4,000 amp switchboard and a 2,500 kVA transformer. The staging area measures 205 feet, and there are 427 car parking stalls. Zoned (I-T) Tech Industrial, the property provides access to I-880 and I-680.

Key Highlights

  • Great access to I‑880 and I‑680
  • ±267,099 SF Under Construction**
  • ±36’ Clear Height**

Property Analytics

Current Use

Clean Tech Institute Association Or Organization

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Parts Store Hair Salon Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

787
Businesses Nearby
Well-served
Demand for This Use

Demographics for 94538, CA

66,424
Population
24,429
Households
2.7
Avg Household Size
36
Median Age
53%
College-Educated
90%
High-School Grad
16.5 sq mi
ZIP Area
4,026
Density / Sq Mi
$144,451
Median Household Income
$76,827
Median Earnings
$2,860
Median Rent
$1,104,800
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Under construction industrial space with office and mezzanine levels.
Where is this warehouse located?
The property is located at 49000 Milmont Drive Fremont, CA.
What are key features of this property?
This property features: Great access to I‑880 and I‑680; ±267,099 SF Under Construction**; ±36’ Clear Height**
More about this property
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