38690 Stivers St | Fremont, CA 94536
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38690 Stivers St
Fremont, CA 94536
MAJOR PRICE REDUCTION - MOTIVATED SELLER!!! · Office Property For Sale
Investment Highlights
- Opportunity for an owner-user to occupy 3,771 sf while benefiting from $233,487 per year of net income from the Washington Hospital lease
- One half block from the Washington Hospital campus
- Opportunity Zoned (OZ) property
- 7.0% Cap Rate (Based on Washington Hospital current lease income, combined with the vacant space leased at $2.45/sf NNN.)
- Excellent 1031 Exchange Opportunity
- Large 35,680 sf lot with 65+ car parking
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
10,285 SF
Building Class
B
Year Built
1972
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,285 SF
Building FAR
0.29
Lot Size
0.81 AC
Zoning
CC-UO & OS - Office Medical
Parking
65 Spaces (6.32 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
Property Taxes
| Parcel Number | 501-1536-074-00 | Improvements Assessment | $1,152,734 |
| Land Assessment | $510,525 | Total Assessment | $1,663,259 |
Property Taxes
Parcel Number
501-1536-074-00
Land Assessment
$510,525
Improvements Assessment
$1,152,734
Total Assessment
$1,663,259
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