38980 Paseo Padre Pky
Fremont, CA 94538
US Bank · Retail Property for Lease · 3,085 SF

Positioned within a Raley’s-anchored shopping center in Fremont, 38980 Paseo Padre Parkway offers a rare opportunity to occupy a freestanding retail building in an established neighborhood retail environment. The property benefits from visibility along Paseo Padre Parkway and is surrounded by a complementary mix of daily-needs retailers, restaurants, and service-oriented businesses, including Pet Food Express and Philz Coffee. The building features upgraded interiors, expansive glass lines that bring abundant natural light into the space, and a large outdoor courtyard that can enhance the customer experience and support a variety of retail, dining, or service-oriented concepts. Its freestanding configuration provides a distinct identity within the shopping center while benefiting from the customer traffic generated by surrounding businesses and the center's established retail presence. The location serves a dense residential and daytime population base, with more than 173,000 residents and nearly 188,000 daytime employees within three miles. The combination of a well-known grocery anchor, established co-tenancy, and convenient access to surrounding neighborhoods supports consistent consumer activity throughout the day. The existing improvements and flexible layout create an opportunity for tenants seeking a highly visible retail presence within one of Fremont’s established commercial corridors.