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Elevator-Served Medical Office Building
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39271 MISSION BLVD, Fremont, CA 94539

Built in 1990 with elevator service and extensive on-site parking, positioned along Fremont’s Mission Blvd healthcare corridor.

Property Size6,938 SF
Price / SF$550
Days on Market148

Property Features for 39271 MISSION BLVD

General Information

Standard status Active
Size 6,938 SF
Property subtype Office

Building Details

Year Built 1990
Stories 2
Units 7
Listing Agency: BCCRE
Listed By: Jacob Sanchez · License #CA 02064109
Source: Crexi
Added: May 28 Changed: Oct 13 Last Checked: Oct 20 at 9:06PM

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 BCCRE

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Investment Insights

Based on property information with market context.

This elevator-served medical office building was built in 1990 and is offered for sale in approximately 6,938 square feet. The property includes extensive on-site parking and is configured with existing, seasoned tenants in place, generating income from day one. Seller financing is available up to 70% LTV, and the offering is marketed offmarket.

The building is located at 39271 Mission Blvd in Fremont, California, on the established Mission Blvd medical corridor. It is approximately 2.1 miles from Washington Hospital Healthcare System and benefits from high visibility along this healthcare-focused area.

For physician owner-users and healthcare investors, the combination of elevator access, ample parking, and in-place occupancy can support both ongoing operations and medical practice expansion. The asset is also positioned for 1031 exchange buyers seeking a medical office property on the Mission Blvd corridor, with seller financing available and a price of approximately $550 per square foot as stated in the offering materials.

Key Highlights

  • ±6,938 SF medical office building built in 1990 with elevator service
  • 39271 Mission Blvd, Fremont, CA—on Fremont’s established Mission Blvd medical corridor
  • Extensive on‑site parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$253,810
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,076,200 $5.1M
Cap Rate 7%
$3,625,857 $3.6M
Cap Rate 9%
$2,820,111 $2.8M
Market Conditions
NOI Build-Up for 6,938 SF
Gross rent
$392.1K $56.52/SF
− Vacancy
−$53.7K −$7.74/SF
EGI
$338.4K $48.78/SF
− OpEx
−$84.6K −$12.19/SF
NOI
$253.8K $36.58/SF
Area
Fremont, CA
Vacancy
13.70%
Lease Rate
$56.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,076,200
Cap Rate 7%
$3,625,857
Cap Rate 9%
$2,820,111

Alternative Uses

Best Use
Office B
$3.63M
$3.17M – $4.23M (±1% cap)
NOI $253,810 @ 7.0% cap · market cap 6.65%
Second Best
Healthcare Medical
$1.44M
$1.26M – $1.69M (±1% cap)
NOI $101,106 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$4.29M
$3.76M – $5.01M (±1% cap)
NOI $300,620 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Mission Valley Dental ... Dental Office Mission Valley Dental ... Dental Office Lau Chai-Kong MD Physician Lin Jiin MD Physician Mission Acupuncture and Herbal ... Physician

Suggested Use

Top Pick Restaurant Law Firm Spa & Massage Center Hair Salon Building Supply Nail Salon

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

Location Intelligence

Trade Area within ½ mile

619
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

  • Mission Valley Veterinary Clinic — 55 Mowry Ave, Fremont, CA 94536
  • Dr. Roark Freeman DVM — 55 Mowry Ave #1710, Fremont, CA 94536
  • Christine Stone-Payne, DVM — 55 Mowry Ave #1710, Fremont, CA 94536
  • Reed Carolyn DVM — 55 Mowry Ave #1710, Fremont, CA 94536

Frequently Asked Questions

What type of property is this?
Medical Office Space - Built in 1990 with elevator service and extensive on-site parking, positioned along Fremont’s Mission Blvd healthcare corridor.
Where is this medical office space located?
The property is located at 39271 MISSION BLVD Fremont, CA.
What is the asking price?
The asking price for this property is $3,815,900.
What are key features of this property?
This property features: ±6,938 SF medical office building built in 1990 with elevator service; 39271 Mission Blvd, Fremont, CA—on Fremont’s established Mission Blvd medical corridor; Extensive on‑site parking
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