Light Industrial Warehouse with Secured
For Sale
Contact for pricing
4396 Enterprise Pl, Fremont, CA 94538
For sale light industrial warehouse featuring a secured yard in Fremont, California.
Property Size20,978 SF
Price / SF$286.01
Days on Market111
Property Features for 4396 Enterprise Pl
General Information
Standard status
Active
Size
20,978 SF
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Listing Agency:
Colliers | Silicon Valley
(408) 282-3800
Listed By:
Kevin Moul, SIOR
(408) 464-4341
Source:
Moodyscre
Added: Jun 3
Changed: Sep 11
Last Checked: Sep 20 at 10:18AM
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 Colliers | Silicon Valley
Investment Insights
Based on property information with market context.
For sale light industrial warehouse offering a secured yard, suited for users needing on-site, controlled outdoor space.
Located at 4396 Enterprise Pl in Fremont, California, the property presents a practical warehouse configuration in an established infill setting.
The offering combines indoor warehouse space with a dedicated secured yard area to support a range of light industrial operating needs.
Located at 4396 Enterprise Pl in Fremont, California, the property presents a practical warehouse configuration in an established infill setting.
The offering combines indoor warehouse space with a dedicated secured yard area to support a range of light industrial operating needs.
Key Highlights
- Light industrial warehouse for sale in Fremont, California
- Includes a secured yard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$317,069
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,341,380
$6.3M
Cap Rate 7%
$4,529,557
$4.5M
Cap Rate 9%
$3,522,989
$3.5M
Market Conditions
NOI Build-Up for 20,978 SF
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.
Gross rent
$390.2K $18.60/SF
− Vacancy
−$17.2K −$0.82/SF
EGI
$373.0K $17.78/SF
− OpEx
−$56.0K −$2.67/SF
NOI
$317.1K $15.11/SF
Area
Fremont, CA
Vacancy
4.40%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,341,380
Cap Rate 7%
$4,529,557
Cap Rate 9%
$3,522,989
Alternative Uses
Best Use
Warehouse
$4.53M
$3.96M – $5.28M
NOI $317,069 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.99M
$11.36M – $15.15M
NOI $908,966 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- McCollister's Transportation Group,Inc. — 45125 Industrial Dr, Fremont, CA 94538
- Fremont Mini Storage — 45252 Industrial Dr, Fremont, CA 94538
- Bay RV & Boat Storage — 44100 christy st, fremont, ca 94538
- Public Storage — 4444 Enterprise St, Fremont, CA 94538
- Self-Storage at U-Haul — 44511 S Grimmer Blvd, Fremont, CA 94538
Frequently Asked Questions
What type of property is this?
Warehouse - For sale light industrial warehouse featuring a secured yard in Fremont, California.
Where is this warehouse located?
The property is located at 4396 Enterprise Pl Fremont, CA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Light industrial warehouse for sale in Fremont, California; Includes a secured yard
