43902 Hugo Ter | Fremont, CA 94538
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- LoopNet Team
43902 Hugo Ter
Fremont, CA 94538
Starbucks - New Construction Relocation with · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 10-year net lease with 10% rent increases every 5 years and limited landlord obligations
- Exceptional surrounding demographics with average household income over $208,000 within 3 miles and population over 208,200 within 5 miles
- Less than 2 miles north of Tesla’s 5.3 million sq. ft. Fremont Factory that employs 22,000 people and manufactures the Model S, X, 3 and Y
- Relocation of existing, established inline store (20-year operating history)
- Auto Mall Parkway is a major east-west arterial in Fremont and connects the property with I-680 (150,000 VPD) and I-880 (221,600 VPD)
- The immediate trade area is a booming commercial hub dominated by technology, manufacturing, scientific and R&D companies
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,200 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Lot Size
10.92 AC
PROPERTY TAXES
| Parcel Number | 525-1390-015-00 | Improvements Assessment | $12,638,931 |
| Land Assessment | $12,064,326 | Total Assessment | $24,703,257 |
PROPERTY TAXES
Parcel Number
525-1390-015-00
Land Assessment
$12,064,326
Improvements Assessment
$12,638,931
Total Assessment
$24,703,257
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