39429-39497 Fremont Blvd Fremont, CA

Listing Agency SRS Industrial - Newport Beach Show Phone

Listed by John Redfield Show Phone

Source Moodyscre

Added: May 30, 2024 Updated: Jul 10 at 11:46 am Checked: Jul 19 at 5:23 am

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Investment Insights

Based on property information with market context.

This retail property, known as Crossroads Shopping Center, is located in Fremont, California, within the San Jose MSA. The property is shadow-anchored by a FoodMaxx. The center is 87% occupied, presenting a lease-up opportunity for investors. A significant portion of the gross leasable area (GLA), over 73%, is occupied by tenants with a history of 10 or more years of occupancy. The tenant mix includes a variety of retail, restaurant, and service businesses. The FoodMaxx is ranked in the top 88th percentile. The Save Mart Companies, which operates FoodMaxx, has over 200 locations across California and Nevada.

Key Highlights

• FoodMaxx shadow‑anchored center (top 88th percentile per Placer.ai).
• 87% Occupancy with lease‑up potential.
• High tenant retention: Over 73% of GLA occupied by tenants with 10+ years of historical occupancy.

Property Analytics

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FAQs

What type of property is this?

Shopping center - 87% occupied retail center shadow-anchored by FoodMaxx.

Where is this shopping center located?

The property is located at 39429-39497 Fremont Blvd Fremont, CA.

What is the asking price?

The asking price for this property is $17,044,000.

What are key features of this property?

This property features: FoodMaxx shadow‑anchored center (top 88th percentile per Placer.ai).; **87% Occupancy with lease‑up potential.**; High tenant retention: Over 73% of GLA occupied by tenants with 10+ years of historical occupancy.