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$1,000,000 PRICE DROP - SUBMIT ALL OFFERS 45962-45968 Warm Springs Blvd 4,902 SF Office Building Fremont, CA 94539 $2,400,000 ($489.60/SF) 8.50% Cap Rate



Investment Highlights
- Move in condition building
- Ideal for R&D, office or retail uses
- High profile area surround by many new development projects
- Veterinarian use is not allowed
Executive Summary
PRICE REDUCED JANUARY 2026 - 8.87% CAP RATE UNTIL DEC. 2026 - SUBMIT ALL OFFERS
1. High profile free standing office/retail building
2. SELLER LEASE-BACK at $17,000/month NNN until 12/1/2026
3. Wide variety of uses allowed including office, R&D, laboratory testing, and retail
4. Surrounded by new developments including a new 5 acre residential development directly next/behind the subject property
5. Only 2 blocks to the 880 Freeway
6. Highly maintained building
7. Excellent long term investment in rapidly a rapidly growing location
8. (NOTE...no veterinarian uses will be allowed)
1. High profile free standing office/retail building
2. SELLER LEASE-BACK at $17,000/month NNN until 12/1/2026
3. Wide variety of uses allowed including office, R&D, laboratory testing, and retail
4. Surrounded by new developments including a new 5 acre residential development directly next/behind the subject property
5. Only 2 blocks to the 880 Freeway
6. Highly maintained building
7. Excellent long term investment in rapidly a rapidly growing location
8. (NOTE...no veterinarian uses will be allowed)
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Building Size
4,902 SF
Building Class
C
Year Built
1999
Price
$2,400,000
Price Per SF
$489.60
Cap Rate
8.50%
NOI
$204,000
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,902 SF
Building FAR
0.25
Lot Size
0.46 AC
Zoning
WSI-10 - WSI-10 is intended to facilitate the creation of a vibrant, urban, mixed-use district focused on innovation and advanced manufacturing and housing.
Parking
19 Spaces (3.88 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Warm Springs Pet Hospital
- Professional, Scientific, and Technical Services
- 4,902 SF
- $3.47
- Triple Net
- Dec 2026
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Warm Springs Pet Hospital | Professional, Scientific, and Technical Services | 4,902 SF | $3.47 | Triple Net | Dec 2026 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 519-1687-068-00 | Improvements Assessment | $1,227,050 |
| Land Assessment | $780,850 | Total Assessment | $2,007,900 |
Property Taxes
Parcel Number
519-1687-068-00
Land Assessment
$780,850
Improvements Assessment
$1,227,050
Total Assessment
$2,007,900
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$1,000,000 PRICE DROP - SUBMIT ALL OFFERS | 45962-45968 Warm Springs Blvd
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