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    42808 Christy St Fremont, CA 94538

    Sponsored
    For Sale
    $23,000,000

    Prime Fremont Office Space, High ROI

    Property size:
    119,038 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional Fremont, CA office complex, located at 42808-42840 Christy St, 94538, presents a compelling investment opportunity. The property boasts 119,038 square feet across three buildings, currently 80% occupied with a gross lease structure and a remaining lease term of two years. The asking price is $23,000,000, representing a 5.00% cap rate and a price per square foot of $193.22. Suites range from 400 to 10,000 square feet, offering flexibility for various businesses, including medical and biotech uses. Many suites are "plug-and-play," fully furnished and ready for immediate occupancy. All units feature new carpeting, paint, and fixtures. The complex includes a shared executive conference room, a fitness center, and ample parking (4 spaces per 1,000 square feet). Energy efficiency is enhanced by recently installed solar panels on each building. The property enjoys a prime location, offering immediate access to I-880 at Auto Mall Parkway and proximity to the Pacific Commons Shopping Center, providing convenient access to numerous retail options, restaurants, and financial institutions. This property offers a blend of immediate income and long-term growth potential, making it an attractive investment in a thriving California market. The flexible lease arrangements allow for easy expansion as tenant needs evolve.

    Property Features for 42808 Christy St

    General Information

    Property type
    Retail properties
    Square Feet
    119,038 SF

    HighLights

    • Plug‑and‑play suites available.
    • 119,038 square foot office complex in three buildings.
    • Energy‑efficient with recently installed solar panels.
    • On‑site amenities include a conference room, fitness center, and ample parking (4 spaces per 1,000 sq ft).
    • Excellent location with I‑880 access and proximity to Pacific Commons Shopping Center.
    • $23,000,000 asking price, 5.00% cap rate, $193.22/sq ft.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aquilla Software Company Agnity Inc Software Company 360 IT Professionals Employment Agency eHealth-Plans Inc. Insurance Agency Simon Chew, CIC ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.9747713
    Latitude
    37.5088132

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    FAQs

    What type of property is this?
    Retail property - Prime Fremont Office Space, High ROI
    Where is this retail property located?
    The property is located at 42808 Christy St Fremont, CA.
    What is the asking price?
    The asking price for this property is $23,000,000.
    What are key features of this property?
    This property features: Plug-and-play suites available.; 119,038 square foot office complex in three buildings.; Energy-efficient with recently installed solar panels.
    Request Owner's contact information
    42808 Christy St Fremont, CA 94538
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    Realmo Value Estimation

    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.

    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.

    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
    42808 Christy St Fremont, CA 94538
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