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46690 Mission Blvd
Fremont, CA 94539
Retail Property For Sale
Executive Summary
High Traffic Location (71,400 VPD)
Established Affluent East Bay Suburb | 0.5 mi from Tesla’s Fremont Factory
Strong Retail Corridor | Proximity to the BART Warm Springs / South Fremont Stop & New Developments
#1 Largest Fast-Casual Chain | $11.9 Billion in Revenue | Chipotle (NYSE: CMG)
New Chipotlane Drive-Thru Prototype | 2026 Conversion Store
Corporate Lease | New 15-Year Lease | Fixed 10% Rental Increases every 5 Years | Absolute NNN Ground Lease
Established Affluent East Bay Suburb | 0.5 mi from Tesla’s Fremont Factory
Strong Retail Corridor | Proximity to the BART Warm Springs / South Fremont Stop & New Developments
#1 Largest Fast-Casual Chain | $11.9 Billion in Revenue | Chipotle (NYSE: CMG)
New Chipotlane Drive-Thru Prototype | 2026 Conversion Store
Corporate Lease | New 15-Year Lease | Fixed 10% Rental Increases every 5 Years | Absolute NNN Ground Lease
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,027 SF
Building Class
B
Year Built
2026
Price
$5,053,000
Price Per SF
$2,492.85
Cap Rate
4.75%
NOI
$240,000
Percent Leased
100%
Building Height
1 Story
Amenities
- Signage
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 519-1692-008-00 | Improvements Assessment | $1,248,480 |
| Land Assessment | $1,352,520 | Total Assessment | $2,601,000 |
Property Taxes
Parcel Number
519-1692-008-00
Land Assessment
$1,352,520
Improvements Assessment
$1,248,480
Total Assessment
$2,601,000
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