42501 Albrae St Fremont, CA 94538
This exceptional Fremont, California property at 42501 Albrae St offers a unique investment opportunity. The 30,024 square foot building, divisible to 15,012 square feet, is classified as a Class B mixed-use property encompassing executive office, flex, and warehouse space. Currently at 60% occupancy, this single-tenancy building presents a significant value-add or development opportunity. The property boasts a range of desirable features including on-site amenities such as a common conference room and fitness center, along with ample parking. Its strategic location provides immediate access to I-880 at Auto Mall Parkway and proximity to the Pacific Commons Shopping Center. Further enhancing its appeal are recently installed solar panels promoting energy efficiency, a backup generator, building top signage, ample sinks and eye wash stations, and on-site security. The asking price is $9,000,000, and the lease type is NNN. This stand-alone building in Alameda County, zip code 94538, presents a compelling investment prospect in a thriving California market.
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Discoverx Corporation Factory Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.