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5601 - 5701 Cushing Parkway - Sonic Automotive Center, Fremont, CA

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5601 - 5701 Cushing Parkway - Sonic Automotive Center

Fremont, CA 94538 - Fremont West of 880 Submarket

Property Type:Retail Sub Type:Auto Dealership Status:Existing Year Built:2005
Building Size:57,000 SF Land Area:7.22 AC (314,503 SF)
For Sale Price:$27,500,000 Price/SF:$482.46
Cap Rate:7.42 %
Parking:Free Surface spaces are available; Ratio of 3.32/1,000 SF
Features:Dedicated Turn Lane, Pylon Sign, Drive Thru

The property is comprised of two buildings representing 50,654 SF situated on 4.88 acres of land. An additional 2.34 acres of land is available for development by the tenant and is a part of this sale. The property is located at Cushing Pky at Bunche Dr and is state of the art facilities and a test track for Land Rover. The building at 5601 Cushing Pky, containing 13,095 SF, is occupied by Volvo sales and business office. This building contains 37,559 SF and houses Jaguar and Land Rover sales as well as parts and service, including Volvo.

This Single tenant absolute NNN lease with Sonic Automotive will appeal to the discriminating buyer looking for quality in building, location and tenant as well as future appreciation in the years to come.

Sale Notes:
Stan Johnson Company is offering the opportunity to acquire the fee simple interest in the Sonic Automotive Center within the Fremont Auto Mall located at 5601-5701 Cushing Parkway (the Property ). Sonic Automotive Center is a multi-brand Class A auto dealership, built in 2007 and expanded in 2016, providing new and used car sales and service for Nissan, Subaru and Kia. The Property includes approximately 57,000 square feet of improvements including two showrooms, two sets of service bays and a car wash. The Property encompasses two land parcels totaling approximately 7.22 acres, including a prime vacant parcel of approximately 2.34 acres at the NE corner of Cushing Parkway and Bunche Drive.

Stan Johnson Company
Samuel S Alison
(213) 417-9380

Amar Goli
(213) 417-9380

Mike Philbin
(213) 417-9380

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