38491 Fremont Blvd | Fremont, CA 94536
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- LoopNet Team
38491 Fremont Blvd
Fremont, CA 94536
Extra Space Storage · Specialty Property For Sale
·
64,740 SF
Investment Highlights
- Exceptional Pride of Ownership Self-Storage Facility - Investors have the opportunity to acquire a pride-of ownership asset in the heart of Fremont.
- Self Storage assets currently have no rent control in California giving the owner the opportunity to increase rents faster than multifamily assets.
- Fremont boasts close proximity to major lifestyle amenities including Downtown Fremont (1.5 mi), Pacific Commons, The Hub and Washington West.
- The property will be delivered with approved building permits to reconstruct the burned portion of the facility, offering additional cash flow.
- The subject property is professionally managed by Extra Space Storage, the largest 3rd party REIT and an S&P 500 member with over 4,000 locations.
- Extra Space Storage enjoys easy access to major transportation corridors, transit and rail systems, and major airports.
Property Facts
| Property Type | Specialty | Building Size | 64,740 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 1985 |
| Lot Size | 2.86 AC | Parking Ratio | 0.18/1,000 SF |
| Zoning | C-1 - General Commercial | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.86 AC |
| Building Size | 64,740 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 0.18/1,000 SF |
| Zoning | C-1 - General Commercial |
Property Taxes
| Parcel Number | 501-0900-018-00 | Improvements Assessment | $13,286,224 |
| Land Assessment | $7,937,776 | Total Assessment | $21,224,000 |
Property Taxes
Parcel Number
501-0900-018-00
Land Assessment
$7,937,776
Improvements Assessment
$13,286,224
Total Assessment
$21,224,000
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