44790 S. Grimmer Boulevard, Fremont, CA 94538; Office Building for sale; B-1 in Alameda County
44790 S. Grimmer Boulevard, Fremont, CA 94538; Office Building for sale; B-1 in Alameda County
| Property Details | |
|---|---|
| Price |
$2,088,000
|
| Building Size |
11,552 SF
|
| Lot Size |
0.51 AC
|
| Price/SF |
$180.75 /SF
|
| Property Type |
Office
|
| Property Sub-type |
Office Building
|
| Property Use Type |
Investment
|
| Commission Split |
2.25%
|
| Cap Rate |
6.07%
|
| Occupancy |
85%
|
| Building Class |
B
|
| Tenancy |
Multiple
|
| Tax ID/APN |
519-900-5-2
|
| Status |
Active
|
Property Description
Prime location in the new redevelopment zone of Fremont! Entire building under below market rents with huge upside. Property consists of one building with 13 units. Great corner location in the redevelopment corridor. Just 2 blocks away from Tesla Motor plant and new Bart Station. Easy access from 680 corridor and accessible from anywhere in the greater San Francisco Bay Area all the way out to the Central Valley. A must for your portfolio.
Location Description
Fremont’s new warm Spring BART Station will be completed by 2015. When BART expansion phase is completed by 2018, Fremont will be connected to the entire Bay Area BART system and Silicon Valley from the top to bottom.
