45401 Research Ave
Fremont, CA 94539
Property For Lease

107,000 sf stand-alone, industrial flex building contains 61,880± sf of industrial/ light manufacturing space and 45,120± sf of elevator-served, 2-story, "headquarters-style" office and office/R&D spaces. Flexible combinations of office, R&D and industrial space are available. For example, Landlord is willing to consider leasing 70,000 sf while preserving the building's status as a single tenant facility with 37,000 sf of future expansion space reserved for the tenant, depending upon the length of the then-remaining lease term. Alternatively, Owner is willing to consider a sale of this property to a user. The 61,880 sf industrial space is 26’-28’ clear with 7 dock-high and 8 grade level truck doors. The building currently provides 500 amps, 277/480 volt, 3-phase power. PG&E is now proceeding with the upgrade the building's transformer in order to maximize the building's 2,000 amp switchgear. It is anticipated that cutting-over from 500 amps to 2,000 amps will occur during the last week of June 2021. The building has a 1+ acre fenced/paved truck yard. The parcel is striped with 378 parking spaces (3.53 per 1,000 sf). It is located within 600 yards of the Warm Springs BART property and is fully within the Warm Springs Innovation District. The property is zoned WSI-10 which allows this 7.3 acre parcel to be developed with 159,000+ sf of Industrial space or 477,000+ sf of mid-rise Office space (tenant to verify zoning ordinance with the City of Fremont). The property enjoys immediate access to I-680 and I-880 with prominent visibility from I-680. This property provides an excellent corporate or regional headquarters opportunity due to the building's current higher-end office buildout which includes a 2nd floor boardroom that overlooks the 61,880 sf industrial portion of the facility. The current owner has owned this property for more than 20 years, a circumstance which has resulted in low operating expenses.