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Flex Industrial Unit in Building
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41805-41841 Albrae St, Fremont, CA 94538

Single flex/industrial unit within a multi-unit building with reported 880 visibility.

Property Size8,293 SF
Price / SF$313.52
Days on Market124

Property Features for 41805-41841 Albrae St

General Information

Standard status Active
Size 8,293 SF
Property subtype INDUSTRIAL

Additional Details

Highway Access Yes
Listing Agency: Cushman & Wakefield | San Jose
Listed By: Fred Eder
Source: Moodyscre
Added: Apr 1 Changed: Jul 26 Last Checked: Aug 1 at 2:38PM

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.

This offering consists of one unit within the 41805–41841 Albrae St building. The unit is associated with a common APN under ownership listed for Reeder Sutherland at 44808 Grimmer Blvd, Fremont, CA 94538.

Public remarks note 880 visibility. The property is located at 41805–41841 Albrae St in Fremont, CA 94538.

While the listing provides limited interior or site configuration details, it presents a distinct unit option within an established multi-unit structure.

Key Highlights

  • Single flex/industrial unit within the 41805‑41 building
  • Unit is listed under common APN 531‑0222‑036‑00
  • Reported 880 visibility

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 $198.0k $23.88
− Vacancy −$8.7k −$1.05
EGI $189.3k $22.83
− OpEx −$56.8k −$6.85
NOI $132.5k $15.98
8,293 SF · lease $23.88/SF/yr · vacancy 4.40% · expense 30.00%

Alternative Uses

Best Use
Industrial
$1.89M
$1.66M – $2.21M (±1% cap)
NOI $132,526 @ 7.0% cap · market cap 5.10%
Second Best
Flex RnD
$1.76M
$1.54M – $2.05M (±1% cap)
NOI $123,060 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$5.13M
$4.49M – $5.99M (±1% cap)
NOI $359,332 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Barber Shop Parking Lot & Garage (Bike/Boat/Book/etc) Store Dental Office Veterinary Clinic

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

889
Businesses Nearby
Under-served
Demand for This Use

Demographics for 94538, CA

66,424
Population
24,429
Households
2.7
Avg Household Size
36
Median Age
53%
College-Educated
90%
High-School Grad
16.5 sq mi
ZIP Area
4,026
Density / Sq Mi
$144,451
Median Household Income
$76,827
Median Earnings
$2,860
Median Rent
$1,104,800
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Cabana Dave's — Fremont, CA 94538

Frequently Asked Questions

What type of property is this?
Flex space - Single flex/industrial unit within a multi-unit building with reported 880 visibility.
Where is this flex space located?
The property is located at 41805-41841 Albrae St Fremont, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Single flex/industrial unit within the 41805‑41 building; Unit is listed under common APN 531‑0222‑036‑00; Reported 880 visibility
(408) 436-3656 Call to check price and availability
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