5601 Cushing Pkwy Fremont, CA 94538
For Sale
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This exceptional investment opportunity presents the chance to acquire a premier, multi-tenant automotive dealership in Fremont, California's thriving auto mall. The property, encompassing 66,995 square feet across three buildings on a 7.22-acre lot, is currently 100% occupied by credit-rated tenants, Nissan and Subaru, under a long-term absolute NNN lease with 9+ years remaining. Built in 2007 and extensively renovated in 2022, the property features two showrooms, three service bays, and a car wash. The lease boasts attractive rental increases built into the contract, extending through 2033. Strategically located at 5601-5701 Cushing Parkway, this Class A asset benefits from its prime position within the established Fremont Auto Mall, surrounded by other major automotive brands, and enjoys excellent access to major transportation arteries, including Interstate 880 and the CA-84 Dumbarton Bridge. The property's strong current yield, coupled with the long-term lease and built-in rental escalations, makes it an attractive investment in a high-growth market with exceptional purchasing power and a robust job market. The property's two parcels are identified by APN 525-1670-021. This is a rare opportunity to acquire a stable, high-performing asset in a desirable location. The asking price is $33,550,000, representing a 6.00% cap rate.
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Subaru Service Auto Repair Shop
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Subaru Parts Auto Parts Store
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Premier Subaru of Fremont Car Dealership
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Nissan Charging Station Electric Vehicle Charging Station
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Doctor Credit Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.