Service Industrial Flex
37428 Centralmont Pl Fremont, CA 94536
For Sale
Contact for pricing
Service industrial flex building with divisible layout, dual grade level doors, and an 18’ clear height.
Property Size14,000 SF
Lot Size0.50 Acres
Price / SF$228.57
Days on Market365
Property Features for 37428 Centralmont Pl
General Information
Standard status
Active
Size
14,000 SF
Lot size
0.50 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Cushman & Wakefield | San Jose
(408) 436-3656
Listed By:
Fred Eder
Source:
Moodyscre
Added: Jul 31, 2025
Changed: Jul 28
Last Checked: Jul 29 at 2:32PM
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 Cushman & Wakefield | San Jose
Investment Insights
Based on property information with market context.
A 14,000 SF service industrial flex building offering a mix of warehouse space and office space, including 6,000 SF of warehouse and 8,000 SF of offices. The property sits on a 21,850 SF parcel and features two separate entrances with divisibility. Interior amenities include 5 restrooms and a shower, and exterior/functionality improvements include two grade level doors and an 18’ clear height.
On-site access is supported by a front employee parking area, with a rear fenced and secured yard for covered or screened operations. The building includes 800 amps at 120/240 volts (buyer to verify).
Zoned I-S (Service Industrial), the property is being offered for sale with a possible lease option. Tenant is on-site, so do not disturb; call to schedule a tour.
On-site access is supported by a front employee parking area, with a rear fenced and secured yard for covered or screened operations. The building includes 800 amps at 120/240 volts (buyer to verify).
Zoned I-S (Service Industrial), the property is being offered for sale with a possible lease option. Tenant is on-site, so do not disturb; call to schedule a tour.
Key Highlights
- 14,000 SF building on a 21,850 SF parcel with divisible layout
- 6,000 SF warehouse plus 8,000 SF offices, with two separate entrances
- Warehouse features 2 grade level doors and an 18' clear height
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $334.3k | $23.88 |
| − Vacancy | −$14.7k | −$1.05 |
| EGI | $319.6k | $22.83 |
| − OpEx | −$95.9k | −$6.85 |
| NOI | $223.7k | $15.98 |
14,000 SF · lease $23.88/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$3.20M
$2.80M – $3.73M
NOI $223,727 @ 7.0% cap · market cap 6.99%
Second Best
Warehouse
$3.02M
$2.65M – $3.53M
NOI $211,601 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$8.67M
$7.58M – $10.11M
NOI $606,613 @ 7.0% cap · market cap 18.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Service industrial flex building with divisible layout, dual grade level doors, and an 18’ clear height.
Where is this flex space located?
The property is located at 37428 Centralmont Pl 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: 14,000 SF building on a 21,850 SF parcel with divisible layout; 6,000 SF warehouse plus 8,000 SF offices, with two separate entrances; Warehouse features 2 grade level doors and an 18' clear height
