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Property profile & analytics
FOR SALE
Automotive properties

5601 Cushing Pkwy Fremont, CA 94538

66,516 SF 5.01 ac lot Built 2005
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US09-7937078
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2005
Construction TILT-UP CONCRETE
Total area 66,516 SF
Lot 5.01 ac (218,027 SF)
APN 525-1670-21
UPID US09-7937078
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Subaru Service Auto Repair Shop
  • Subaru Parts Auto Parts Store
  • Premier Subaru of Fremont Car Dealership
  • Nissan Charging Station Electric Vehicle Charging Station
  • Doctor Credit Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.23M
Owner & transaction history
Fremont Auto Center LLC · 18 yrs held
Fremont Auto Center LLC
since 2007
3 recorded transactions
2017
Price N/A
2007
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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