Mixed-Use Investment — Fully Leased Retail + Residential, Fremont Mission Corridor
$2,200,000
43513 Mission Boulevard, Fremont, CA 94539
5.34
Cap Rate
117,456
NOI
Details:
Description:
Three buildings on one parcel totaling ±4,416 SF on a ±15,125 SF lot in the Fremont Mission corridor, adjacent to Ohlone College. Fully leased with long-term tenants in place for over 10 years. Actual income $9,788/mo ($117,456/yr); NOI $117,456; cap rate 5.34% (proforma $120,980 / 5.50%). Street-facing unit $4,380/mo with lease through 2028. Development upside presented as opportunity only (subject to verification of zoning, entitlements, and city approvals): commercial retail downstairs, apartments/residential upstairs. Suits owner-user buyers (live in one unit, lease the others) and 1031 exchange buyers. Contact: Ying Zhou, Sales Director | The Ivy Group, 510.759.1091, yingrealtor2019@gmail.com.
Location
Gallery