39401 Fremont Blvd - Restaurant FOR SALE


Fremont, CA 94538- Sundale
$7,000,000 USD
415-397-1966
39401 Fremont Blvd, Fremont, CA for Sale
$7,000,000 USD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

39401 Fremont Blvd
Fremont, CA 94538
Sundale


HIGHLIGHTS

  • Established Tenant Paying Premium Rent Under an Absolute Net Lease!
  • Huge Long-Term Upside Potential!
  • Fremont is a Booming and Appreciating City with Constant Growth and Development!
  • Site is on a Signalized Intersection!
  • Located in a Dense Retail Trade Corridor Surrounded by Tons of Businesses and Residences!
  • Mere Minutes from Tesla's Gigafactory - the Largest Factory on the West Coast with Over 20K Employees!

OVERVIEW

Andersen, Jung & CO. is pleased to present the listing for a Red Lobster located at 39401 Fremont Blvd in Fremont, CA. The property is comprised of 8,409 square feet and sits on approximately 0.87 acre of land with ample parking. In 2014, Red Lobster signed a brand-new 25-year absolute net lease with Four, 5–Year Options and set rent increase at 2.0% annually. Ideally located on busy Fremont Blvd in a dense major retail trade area full of commercial properties such as Target, Trader Joe’s, Starbucks, Food Maxx, Chili’s, US Bank, HSBC, Panda Express, O’Reilly Auto Parts, BOFA and so much more. It is also surrounded by residential homes in every direction and its location is also positioned at a signalized intersection for even higher traffic counts! Fremont is a booming City with an incredible quality of life that saw high growth during and after the COVID-19 pandemic and in close proximity to many tech companies during the ongoing AI boom. This location is mere minutes away from the Tesla Gigafactory – the largest factory on the west coast with over 20,000 employees.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$833 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Red Lobster

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

CC

APN/PARCEL ID

501-0975-023-00

ASK ABOUT THIS PROPERTY

Monica ChungAndersen, Jung & CompanyMore Info
415-397-1966

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Monica ChungAndersen, Jung & CompanyMore Info
415-397-1966

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.