39401 Fremont Blvd Fremont, CA 94538-2116
Property profile & analytics
39401 Fremont Blvd, Fremont, CA 94538-2116
- Turn key restaurants
- 8,405 SF
- 0.87 lot acres
Property ID
US09-8006824
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Fremont Insurance Agency / Insurance Agency
- Testing Information - Fremont / Std Testing Service
- Mcmillan Company / Industrial Manufacturer / Production Facility
Property Details for 39401 Fremont Blvd
- Year built
- 1984
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.87 lot acres
- Property type
- Turn key restaurants
- APN
- 501-975-23
- APU
- 50197523
Description
This exceptional investment opportunity presents a fee-simple ownership of an established Red Lobster restaurant located at 39401 Fremont Blvd, Fremont, CA 94538. The 8,409 square foot building sits on a 0.87-acre lot in a high-traffic retail area, boasting a strong tenant with a credit-rated corporate guarantee. The property benefits from a 25-year absolute NNN lease (commencing July 31, 2014, and expiring July 31, 2039), with 14.7 years remaining. The lease includes four, five-year options and features a 2% annual rent increase. The current Net Operating Income (NOI) stands at $457,703. Built in 1984 and renovated in 2014, this single-story building is situated in a prime location surrounded by major retailers such as Target, Trader Joe's, Starbucks, and more, ensuring high visibility and consistent customer traffic. The property's location at a signalized intersection further enhances its appeal. The property is zoned CC and offers ample parking. This is a value-add/redevelopment opportunity with significant upside potential in a thriving, high-growth area near the Tesla Gigafactory. The asking price is $9,650,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $8,610,000
- ML approach
- $8,185,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,023,000
Market price range: $1.62M - $7.02M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fremont
- County
- Alameda
- State
- California
- Longitude
- -121.983
- Latitude
- 37.545
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$68,816
$3,230,000
$4,204,562
$7,434,562
-
$0.00
$0.00
$0.00
