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Automotive Property with Car Wash

5601 Cushing Parkway Fremont, CA 94538

5601 Cushing Parkway, Fremont, CA, 94538
$33,550,000
For Sale
Claim this Listing
$33,550,000

7.22-acre property leased to Premier Automotive through 2033.

Property Size66,995 SF
Lot Size7.22 Acres
Price / SF$500.78
AddedApr 15
Days on Market93
Last RefreshJul 15 at 5:01 am

Property Features for 5601 Cushing Parkway

General Information

Standard status
Active
Size
66,995 SF
Lot size
7.22 Acres
Property subtype
SpecialPurpose

Listing office CBRE LA

Listing date Apr 15, 2026

Source Cbre

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 CBRE LA


Investment Insights

Based on property information with market context.

The property features approximately 66,995 square feet of improvements, including two showrooms, three sets of service bays, and a car wash. It is situated on two land parcels totaling approximately 7.22 acres. The entire site is leased to Premier Automotive through 2033 under an absolute NNN lease.

Key Highlights

  • Absolute NNN lease to Premier Automotive through 2033
  • Approximately 7.22 acres of land
  • Includes two showrooms

Local 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 $1.60M $23.88
− Vacancy −$70.4k −$1.05
EGI $1.53M $22.83
− OpEx −$458.8k −$6.85
NOI $1.07M $15.98
66,995 SF · lease $23.88/SF/yr · vacancy 4.40% · expense 30.00%

Alternative Uses

Best Use
Industrial
$15.29M
$13.38M – $17.84M (±1% cap)
NOI $1,070,613 @ 7.0% cap · market cap 3.19%
Second Best
Specialty Retail
$12.19M
$10.67M – $14.22M (±1% cap)
NOI $853,431 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$41.47M
$36.29M – $48.38M (±1% cap)
NOI $2,902,860 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Subaru Service Auto Repair Shop Subaru Parts Auto Parts Store Premier Subaru of Fremont Car Dealership Nissan Charging Station Electric Vehicle Charging Station Doctor Credit Bank

Suggested Use

Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Barber Shop Plumbing Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Silvercar by Audi Car Rental — 43191 boscell rd, fremont, ca 94538
  • Lyft Express Drive — 44100 Christy St, Fremont, CA 94538, United States

FAQs

What type of property is this?
Automotive property - 7.22-acre property leased to Premier Automotive through 2033.
Where is this automotive property located?
The property is located at 5601 Cushing Parkway Fremont, CA.
What is the asking price?
The asking price for this property is $33,550,000.
What are key features of this property?
This property features: Absolute NNN lease to Premier Automotive through 2033; Approximately 7.22 acres of land; Includes two showrooms
Contact an agent
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