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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 Under Contract
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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