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    42808 & 42840 Christy St & 42501 Albrae St Fremont, CA 94538

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    For Lease
    Contact for pricing

    Flexible office spaces near shopping, dining, and transportation.

    Type:Office
    Property size:
    10,000 SF
    Added:
    Apr 5, 2022
    Days on Market:
    1477
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 42808 & 42840 Christy St & 42501 Albrae St

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Property subtype
    Office

    Spaces For Lease

    at 42808 & 42840 Christy St & 42501 Albrae St Contact us

    42808 Christy St Suite 201 $1.41 /Mo

    Size
    2,506 SF
    Type
    Office
    Furnished Suite with Eight Cubicles, Three Privates, Conf Room, Server Room, Kitchen,...
    show more
    Contact us

    42808 Christy St. Suite 221 $1.41 /Mo

    Size
    2,562 SF
    Type
    Office
    Three Private Offices with furniture, Conference Room, Storage/Server Room, Large...
    show more
    Contact us

    42808 Christy Street Suite 203 $1.41 /Mo

    Size
    1,438 SF
    Type
    Office
    Two Private Offices, Large Open Area. Common conference room, fitness center with...
    show more
    Contact us

    42808 Christy Street Suite 116 $1.41 /Mo

    Size
    1,064 SF
    Type
    Office
    Three Private Offices, Conference Room, Open Area. Common conference room, fitness...
    show more
    Contact us

    42808 Christy St Suite 200 $1.41 /Mo

    Size
    4,008 SF
    Type
    Office
    Five Privates, Storage, Large Open Area. Common conference room, fitness center with...
    show more
    Contact us

    42808 Christy St Suite 100 $1.41 /Mo

    Size
    5,120 SF
    Type
    Office
    Seven Private Offices, Two Open Areas, Conf Room, Server Room, Kitchenette, Storage....
    show more
    Contact us

    42808 Christy St. Suite 101 $1.41 /Mo

    Size
    6,045 SF
    Type
    Office
    Corner suite off main lobby with plenty of glass, Reception, Six Privates, Two Large...
    show more
    Contact us

    42808 Christy St Suite 225 $1.41 /Mo

    Size
    1,512 SF
    Type
    Office
    Two Private Offices, Kitchenette, Large Open Area. Common conference room, fitness...
    show more
    Contact us

    42840 Christy Street Suite 108 $1.41 /Mo

    Size
    2,623 SF
    Type
    Office
    Four Private Offices, Conference Room, Kitchen, Large Open Area. Common conference...
    show more
    Contact us

    42840 Christy Street Suite 110 $1.41 /Mo

    Size
    3,323 SF
    Type
    Office
    Four Private Offices, Conference Room, Kitchen, Large Open Area. Common conference...
    show more
    Contact us

    42840 Christy Street Suite 210 $1.41 /Mo

    Size
    1,579 SF
    Type
    Office
    Three Private Offices, Open Area. Common conference room, fitness center with m/w...
    show more
    Contact us
    Show more

    We can help!

    Listing Contact
    Lee Jatta

    Listing agent Lee Jatta License #CA

    Listing office Borelli Investment Company

    Listing date Apr 5, 2022

    Source Crexi

    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 Borelli Investment Company

    Overview

    Fremont Business Park Office Space

    Located near the intersection of Highway 880 and Auto Mall Parkway, Fremont Business Park offers office spaces with flexible configurations ranging from 400 to 10,000 square feet. The location provides convenient access to major freeways, shopping, and dining options. The Pacific Commons shopping complex is nearby, featuring numerous retailers, financial institutions, and a variety of restaurants. AC Transit bus service to BART is available. Fremont Business Park offers monument signage for name recognition and is located near the Pacific Commons shopping center. The property is situated near the 880/680 freeways and the Dumbarton Bridge.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.9729225
    Latitude
    37.5079111

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      Fremont Flex Space For Rent

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      Fremont Flex Space For Rent

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      Fremont Office Space Available

      Corner office suite with flexible lease terms and amenities.
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      Fremont Office Space Available Now

      Office space available for rent in Fremont, California.
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      View Details
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      Fremont R&D/Manufacturing Buildings Available

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      Fremont Flex Space Available

      Move-in ready office, R&D, and warehouse suites in Fremont, CA.
      4109-4125 Clipper Ct, Fremont, CA
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      Fremont Boulevard Office/R&D/Warehouse Space

      Move-in ready suites in Silicon Valley's premier bayside business park.
      46750 Fremont Boulevard, Fremont, CA
      View Details
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      Fremont Flex Space For Rent

      Multi-tenant building with office and warehouse space available for lease.
      45272 Industrial Dr, Fremont, CA 94538
      View Details

    FAQs

    What type of property is this?
    Office units - Flexible office spaces near shopping, dining, and transportation.
    Where is this office units located?
    The property is located at 42808 & 42840 Christy St & 42501 Albrae St Fremont, CA.
    What are key features of this property?
    This property features: Exceptional freeway access to 880/680 and the Dumbarton Bridge.; Proximity to Pacific Commons shopping complex with diverse retail, dining, and financial services.; Flexible office space configurations available, ranging from 400 to 10,000 square feet.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Lee Jatta
    Real Estate License ID: CA
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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