Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Regional Shopping Center Retail Space Title is generated by Realmo AI

    39201 Fremont Blvd, Fremont, CA 94538

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    504,000 SF regional shopping center with over 60 stores.

    Type:Retail, Office, Restaurant
    Property size:
    504,000 SF
    Added:
    Apr 29, 2025
    Days on Market:
    382
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 39201 Fremont Blvd

    General Information

    Standard status
    Active
    Size
    504,000 SF
    Property subtype
    Retail, Office, Restaurant

    Spaces For Lease

    at 39201 Fremont Blvd Contact us

    We can help!

    Listing Contact
    Brian Alt
    Brian Alt

    Listing agent Brian Alt License #01504949

    Listing office Kimco Realty Corporation

    Listing date Apr 29, 2025

    Source Crexi

    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 Kimco Realty Corporation

    HighLights

    • Anchored by Target, Marshalls, Ross, Safeway, and Trader Joe's.
    • 504,000 square foot regional shopping center.
    • Located on the corner of Fremont Blvd and Mowry Ave in the city's central district.
    • Home to over 60 stores and restaurants.
    • Favorite shopping destination for the Fremont suburbs.
    • Nationwide retailers present.

    Overview

    The Fremont Hub is a 504,000 square foot regional shopping center situated at the corner of Fremont Boulevard and Mowry Avenue in the city's central district. This shopping center hosts over 60 stores and restaurants. Anchored by Target and nationwide retailers including Marshalls, Ross, Safeway and Trader Joe's, it serves as a shopping destination for the Fremont suburbs. The property is suitable for retail and restaurant businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Bentley Asphalt Paving ... Building Supply Target Grocery Specialty Food Shop Starbucks Cafe & Coffee Shop The Spark Optometry Physician Target Mobile Mobile Phone Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Fremont Hub — 39281 Fremont Hub, Fremont, CA 94538
    • BuySafe — 39120 Argonaut Way, Fremont, CA 94538
    • Coinme at Coinstar - Bitcoin Kiosk — safeway, 39100 argonaut way, fremont, ca 94538
    • Coinme at Coinstar - Bitcoin Kiosk — food maxx, 39441 fremont blvd, fremont, ca 94538
    • Coinstar Kiosk | Bitcoin ATM — Save Mart, 39441 Fremont Blvd, Fremont, CA 94538

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.985142
    Latitude
    37.546803

    Nearby Similar for Lease

    • $3,000/Mo

      Commercial Condo in Fremont, CA

      Commercial condo with low overhead and built-in customer base.
      44848 S Grimmer Blvd, Fremont, CA 94538
      View Details
    • $1.95 SF/Yr
      13,597 SF

      Fremont Bayside Flex Space

      Flex space in Fremont's Bayside area, near major transportation.
      47913-47929 Fremont Boulevard, Fremont, CA, 94538
      View Details
    • $2,800/Mo
      9,652 SF

      Fremont Retail Space Available

      Retail space for rent in Fremont, California.
      37312 Niles Blvd., Fremont, CA 94536
      View Details
    • $2 SF/Yr
      5,587 SF

      Fremont Flex Space Available

      Move-in ready office, R&D, and warehouse suites in Fremont.
      4032-4038 Clipper Ct, Fremont, CA
      View Details
    • $2,100/Mo
      2,100 SF

      Fremont Flex Space For Rent

      Multi-tenant building with office and warehouse space available for lease.
      45278 Industrial Dr, Fremont, CA 94538
      View Details
    • $2,100/Mo
      2,100 SF

      Fremont Flex Space For Rent

      Multi-tenant building with office and warehouse space available for lease.
      45264 Industrial Dr, Fremont, CA 94538
      View Details
    • $1.41 SF/Yr
      2,562 SF

      Fremont Office Space Available

      Corner office suite with flexible lease terms and amenities.
      42808 Christy St, Fremont, CA
      View Details
    • $27 SF/Yr
      39,000 SF

      Fremont Retail Space Available

      Retail space available for lease in Fremont, California.
      3155 Kearney St., Fremont, CA 94538
      View Details
    • $1,063/Mo
      1,063 SF

      Fremont Office Space Available Now

      Office space available for rent in Fremont, California.
      4396 Enterprise Pl, Suite C, Fremont, CA 94538
      View Details
    • $1.85 SF/Yr
      92,650 SF

      Fremont R&D/Manufacturing Buildings Available

      Two R&D/Manufacturing buildings available for lease or sale.
      4050 Technology Place, Fremont, CA, 94538
      View Details
    • Contact for pricing
      9,782 SF

      Fremont Blvd Retail Opportunity

      Freestanding retail building on Fremont Blvd with ample parking.
      40861 Fremont Blvd, Fremont, CA 94538
      View Details
    • $2 SF/Yr
      8,325 SF

      Fremont Flex Space Available

      Move-in ready office, R&D, and warehouse suites in Fremont, CA.
      4109-4125 Clipper Ct, Fremont, CA
      View Details

    FAQs

    What type of property is this?
    Shopping center - 504,000 SF regional shopping center with over 60 stores.
    Where is this shopping center located?
    The property is located at 39201 Fremont Blvd Fremont, CA.
    What are key features of this property?
    This property features: Anchored by Target, Marshalls, Ross, Safeway, and Trader Joe's.; 504,000 square foot regional shopping center.; Located on the corner of Fremont Blvd and Mowry Ave in the city's central district.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brian Alt
    Brian Alt
    Real Estate License ID: 01504949
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    39201 Fremont Blvd, Fremont, CA 94538
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!