Mixed-Use Retail/Medical/Office
For Sale
Contact for pricing
3780 Bonde Way, Fremont, CA 94536
Mixed-use property suitable for retail, medical, or office use.
Property Size10,000 SF
Price / SF$320
Days on Market1055
Property Features for 3780 Bonde Way
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Retail, Office, Mixed Use
Zoning
C-G General Commercial
Lease Type
NNN
Listing Agency:
TRI Commercial Walnut Creek
(510) 468-3189
Listed By:
Fernando Cuebas · License #CA 01168597
Source:
Crexi
Added: Sep 21, 2023
Changed: Aug 8
Last Checked: Aug 9 at 12:41PM
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 TRI Commercial Walnut Creek
Investment Insights
Based on property information with market context.
This mixed-use property offers a versatile space suitable for retail, medical, or office purposes. The property has a size of 10000 square feet. It is located in Fremont, California.
Key Highlights
- High identity mixed use
- Retail space available
- Medical space available
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$145,728
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,914,560
$2.9M
Cap Rate 7%
$2,081,829
$2.1M
Cap Rate 9%
$1,619,200
$1.6M
Market Conditions
NOI Build-Up for 10,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$264.0K $26.40/SF
− Vacancy
−$21.1K −$2.11/SF
EGI
$242.9K $24.29/SF
− OpEx
−$97.2K −$9.72/SF
NOI
$145.7K $14.57/SF
Area
Fremont, CA
Vacancy
8.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,914,560
Cap Rate 7%
$2,081,829
Cap Rate 9%
$1,619,200
Alternative Uses
Best Use
Office B
$5.23M
$4.57M – $6.10M
NOI $365,826 @ 7.0% cap · market cap 11.43%
Second Best
Healthcare Medical
$2.08M
$1.82M – $2.43M
NOI $145,728 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$6.19M
$5.42M – $7.22M
NOI $433,295 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,095
Businesses Nearby
Explore this area
Business Placement
Demographics for 94536, CA
73,172
Population
26,338
Households
2.8
Avg Household Size
38
Median Age
58%
College-Educated
93%
High-School Grad
14.1 sq mi
ZIP Area
5,190
Density / Sq Mi
$156,672
Median Household Income
$87,943
Median Earnings
$2,835
Median Rent
$1,210,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property suitable for retail, medical, or office use.
Where is this mixed-use property located?
The property is located at 3780 Bonde Way Fremont, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: High identity mixed use; Retail space available; Medical space available
