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Home Depot Shopping Center 43901-43941 Hugo Ter 1,064 - 3,696 SF of Retail Space Available in Fremont, CA 94538
Highlights
- 43901-43941 Hugo Terrace presents up to 1,500 square feet of storefront retail space for lease, adjacent to The Home Depot and Starbucks.
- Perks of leasing retail space here include abundant on-site parking, highly visible monument signage, and a recent exterior remodel.
- Seize the opportunity to experience high traffic counts of 45,930 vehicles per day on Auto Mall Parkway in front of the center's prime signage.
- Join neighboring established national and local retailers, like LaCaphe, Squlpt Pilates, Quiznos, and Warm Springs Pet Hospital (opening in 2026).
- With major players like Amazon and Tesla nearby, creating an affluent demographic base, with a median household income of $181K within a mile radius.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 43905 | 1,064 SF | 10’ | 1-10 Years | $42.00 /SF/YR $3.50 /SF/MO $44,688 /YR $3,724 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 43913 | 1,132 SF | - | Negotiable | $42.00 /SF/YR $3.50 /SF/MO $47,544 /YR $3,962 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 43933 | 1,500 SF | 10’ | 1-10 Years | $42.00 /SF/YR $3.50 /SF/MO $63,000 /YR $5,250 /MO | Triple Net (NNN) |
43901-43941 Hugo Ter - 1st Floor - Ste 43905
Highly visible Fremont retail space for lease spanning 1,064 to 1,500 square feet, anchored by a new Starbucks drive-thru and Home Depot, with frontage and monument signage off Auto Mall Parkway.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- Finished Ceilings: 10’
- Surrounded by downtown restaurants and amenities
43901-43941 Hugo Ter - 1st Floor - Ste 43913
Highly visible Fremont retail space for lease spanning 1,064 to 1,500 square feet, anchored by a new Starbucks drive-thru and The Home Depot, with frontage and monument signage off Auto Mall Parkway.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
43901-43941 Hugo Ter - 1st Floor - Ste 43933
Highly visible Fremont retail space for lease spanning 1,064 to 1,500 square feet, anchored by a new Starbucks drive-thru and Home Depot, with frontage and monument signage off Auto Mall Parkway.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- Finished Ceilings: 10’
- Surrounded by downtown restaurants and amenities
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,696 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 133,446 SF |
| Parking | 227 Spaces | Total Land Area | 12.88 AC |
| Center Properties | 2 | Year Built | 2001 |
| Total Space Available | 3,696 SF |
| Center Type | Strip Center |
| Parking | 227 Spaces |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 133,446 SF |
| Total Land Area | 12.88 AC |
| Year Built | 2001 |
About the Property
43901–43941 Hugo Terrace is a highly visible neighborhood strip center positioned along high-traffic corridors in Fremont, California, and surrounded by established national and local retailers. The property offers three flexible suites ranging from 1,064 to 1,500 square feet, available at $3.50 per square foot on a triple net (NNN) basis, with prime monument signage providing strong brand exposure. This recently remodeled center boasts a strong mix of established co-tenants, including Mission Market, Straw Hat Pizza, Quiznos, and Squlpt Pilates Studio. Two tenants are coming soon, including a local dentist and a San Jose-based establishment, Lacaphê Coffee Shop. This property is directly across from a drive-thru Starbucks, The Home Depot, and a very popular animal hospital coming in 2026. The exterior façade was updated in 2024 to showcase a modern look and a new monument sign. Tap into exceptional visibility, with more than 45,930 vehicles passing daily along Auto Mall Parkway and a dedicated turn lane from Hugo Terrace, enhancing site access. Two industrial buildings currently under construction behind the center are expected to introduce a growing consumer base, complemented by nearby major employers, including Lennar, Amazon, Tesla, and AT&T. Daily traffic is further driven by surrounding national retailers such as Walmart Supercenter, Target, and Costco. Ideally situated between Interstates 680 and 880 and near the Warm Springs/South Fremont BART Station, the center offers convenient regional connectivity to both San Jose and Oakland. With its prime location, modern upgrades, and strong tenant mix, 43901–43941 Hugo Terrace is an outstanding retail opportunity for businesses seeking visibility and growth in Fremont.
- Dedicated Turn Lane
Demographics
Demographics
Nearby Major Retailers
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Home Depot Shopping Center | 43901-43941 Hugo Ter
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