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Three-Building Office and Retail Complex
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43433 Mission Blvd, Fremont, CA 94539

Multi-tenant office and retail complex on a single parcel, zoned TC-P (HOD)(H)(I) across from Ohlone College.

Property Size13,029 SF
Price / SF$475.01
Days on Market83

Property Features for 43433 Mission Blvd

General Information

Standard status Active
Size 13,029 SF
Property subtype OFFICE
Zoning TC-P (HOD)(H)(I)

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 3
Tenancy Multi
Listing Agency: The Ivy Group
Listed By: Tim Vi Tran
Source: Moodyscre
Added: May 11 Changed: Jul 29 Last Checked: Aug 1 at 4:02AM

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 The Ivy Group

Investment Insights

Based on property information with market context.

43433–43417 Mission Boulevard in Fremont, CA is a multi-tenant Old Mission Courtyard retail/office complex comprising three standalone buildings on a single parcel.

The property is positioned in the Mission District, directly across from Ohlone College. It offers strong exposure along Mission Boulevard with easy access to I-680 and I-880 and nearby major employment centers.

Zoned TC-P (HOD)(H)(I), Old Mission Courtyard supports a wide range of uses, including education, retail, medical, and professional office, providing flexibility for occupancy or future repositioning. The total property size is 13,029 SF.

Key Highlights

  • Three standalone buildings on a single parcel at 43433–43417 Mission Boulevard
  • Old Mission Courtyard retail/office complex
  • Zoned TC‑P (HOD)(H)(I) supporting education, retail, medical, and professional office

Financial Insights For Office B

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 $736.4k $56.52
− Vacancy −$100.9k −$7.74
EGI $635.5k $48.78
− OpEx −$158.9k −$12.19
NOI $476.6k $36.58
13,029 SF · lease $56.52/SF/yr · vacancy 13.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$6.81M
$5.96M – $7.94M (±1% cap)
NOI $476,634 @ 7.0% cap · market cap 7.70%
Second Best
Retail
$2.21M
$1.94M – $2.58M (±1% cap)
NOI $154,908 @ 7.0% cap · market cap 2.50%
Theoretical Best
Office A
$8.06M
$7.06M – $9.41M (±1% cap)
NOI $564,540 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Luke Christian Medical ... Church Terafina Inc. Corporate Office Mission San Jose ... Real Estate Agency Averroes High School High School Averroes Institute Training Center

Suggested Use

Top Pick Building Supply HVAC Service Law Firm Electrical Service Auto Repair Shop (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

628
Businesses Nearby

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office and retail complex on a single parcel, zoned TC-P (HOD)(H)(I) across from Ohlone College.
Where is this office building located?
The property is located at 43433 Mission Blvd Fremont, CA.
What is the asking price?
The asking price for this property is $6,188,888.
What are key features of this property?
This property features: Three standalone buildings on a single parcel at 43433–43417 Mission Boulevard; Old Mission Courtyard retail/office complex; Zoned TC‑P (HOD)(H)(I) supporting education, retail, medical, and professional office
(408) 799-5290 Call to check price and availability
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