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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

Property Taxes

Parcel Number
501-1536-074-00
Land Assessment
$510,525
Improvements Assessment
$1,152,734
Total Assessment
$1,663,259
  • Listing ID: 31356571

  • Date on Market: 3/28/2024

  • Last Updated:

  • Address: 38690 Stivers St, Fremont, CA 94536

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