4179 Cushing Pkwy Fremont, CA 94538
This exceptional 18,995 square foot medical office building, situated at 4179 Cushing Parkway in Fremont, California, presents a unique investment opportunity. Built in 1995, the property boasts a convenient location adjacent to I-880, providing easy access for employees of major companies such as Tesla, LAM Research, and Delta Electronics. The building features a total of 123 parking spaces, catering to the needs of both staff and patients. Currently, a single suite of 8,168 square feet is available for lease, representing the minimum divisible space and the maximum contiguous space currently available. The property sits on 1.78 acres of land in Alameda County, zip code 94538. The building does not include elevators. This location benefits from significant growth potential, with a projected 4,000 new housing units within a two-mile radius expected to be completed in 2024. This influx of residents will complement the existing strong traffic generated by the nearby corporate workforce, creating a robust and diverse customer base. The property's strategic location and the anticipated population increase make it an ideal investment for medical professionals seeking a thriving practice environment. The property is classified as Retail, Restaurant, and Office, with the available space specifically designated for medical office use. Multiple tenants currently occupy the building.
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.