Multi-Tenant Warehouse
For Sale
Contact for pricing
2000-2060 Warm Springs Ct, Fremont, CA 94539
The complex contains 1,200 SF bays with month-to-month occupants and an owner-user occupancy option.
Property Size32,650 SF
Lot Size3.20 Acres
Price / SF$214.40
Days on Market825
Property Features for 2000-2060 Warm Springs Ct
General Information
Standard status
Active
Size
32,650 SF
Lot size
3.20 Acres
Property subtype
LAND
Zoning
WSI-10
Additional Details
Land Use
industrial, r&d, office
Building Details
Tenancy
Multi
Listing Agency:
CBRE | San Jose
(408) 453-7400
Listed By:
Brian Matteoni · License #00917296
(408) 453-7407
Source:
Moodyscre
Added: Jul 30, 2024
Changed: Oct 26
Last Checked: Nov 1 at 6:06AM
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
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Investment Insights
Based on property information with market context.
This warehouse complex comprises 32,650 square feet of multi-tenant industrial space arranged in 1,200 SF bays. The current occupants are on month-to-month arrangements, creating flexibility for an owner-user to occupy part or all of the property. The configuration also supports continued leasing across multiple bays.
Located at 2000-2060 Warm Springs Ct in Fremont, the property is within the Warm Springs Innovation District and offers walkable access to BART’s Fremont Warm Springs Station. The site is zoned WSI-10, a designation that allows industrial, R&D, and office uses. The source information identifies minimum FAR of 0.50 for industrial/R&D development and 1.50 for office/hotel development.
Located at 2000-2060 Warm Springs Ct in Fremont, the property is within the Warm Springs Innovation District and offers walkable access to BART’s Fremont Warm Springs Station. The site is zoned WSI-10, a designation that allows industrial, R&D, and office uses. The source information identifies minimum FAR of 0.50 for industrial/R&D development and 1.50 for office/hotel development.
Key Highlights
- 32,650 SF warehouse complex configured in 1,200 SF bays
- Month‑to‑month occupants support owner‑user or continued multi‑tenant occupancy
- Walkable to BART Fremont Warm Springs Station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$493,484
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,869,680
$9.9M
Cap Rate 7%
$7,049,771
$7.0M
Cap Rate 9%
$5,483,156
$5.5M
Market Conditions
NOI Build-Up for 32,650 SF
Gross rent
$607.3K $18.60/SF
− Vacancy
−$26.7K −$0.82/SF
EGI
$580.6K $17.78/SF
− OpEx
−$87.1K −$2.67/SF
NOI
$493.5K $15.11/SF
Area
Fremont, CA
Vacancy
4.40%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,869,680
Cap Rate 7%
$7,049,771
Cap Rate 9%
$5,483,156
Alternative Uses
Best Use
Warehouse
$7.05M
$6.17M – $8.22M
NOI $493,484 @ 7.0% cap · market cap 7.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$20.21M
$17.68M – $23.58M
NOI $1,414,708 @ 7.0% cap · market cap 20.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,079
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94539, CA
54,026
Population
17,669
Households
3.1
Avg Household Size
42
Median Age
79%
College-Educated
96%
High-School Grad
25.1 sq mi
ZIP Area
2,152
Density / Sq Mi
$235,399
Median Household Income
$123,587
Median Earnings
$3,183
Median Rent
$1,878,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Self Storage — 46873 Warm Springs Blvd, Fremont, CA 94539
- Self Sto-rage — 268 sequim common, fremont, ca 94539
- B2 Moving Company — 300 Franciscan Ct, Fremont, CA 94539
- Universal Relocations Inc — 1500 Fulton Pl, Fremont, CA 94539
- Storage Express — 45951 Warm Springs Blvd, Fremont, CA 94539
Frequently Asked Questions
What type of property is this?
Warehouse - The complex contains 1,200 SF bays with month-to-month occupants and an owner-user occupancy option.
Where is this warehouse located?
The property is located at 2000-2060 Warm Springs Ct Fremont, CA.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 32,650 SF warehouse complex configured in 1,200 SF bays; Month‑to‑month occupants support owner‑user or continued multi‑tenant occupancy; Walkable to BART Fremont Warm Springs Station
