42808 Christy St Fremont, CA 94538

This exceptional Fremont, CA office complex, located at 42808-42840 Christy St, 94538, presents a compelling investment opportunity. The property boasts 119,038 square feet across three buildings, currently 80% occupied with a gross lease structure and a remaining lease term of two years. The asking price is $23,000,000, representing a 5.00% cap rate and a price per square foot of $193.22. Suites range from 400 to 10,000 square feet, offering flexibility for various businesses, including medical and biotech uses. Many suites are "plug-and-play," fully furnished and ready for immediate occupancy. All units feature new carpeting, paint, and fixtures. The complex includes a shared executive conference room, a fitness center, and ample parking (4 spaces per 1,000 square feet). Energy efficiency is enhanced by recently installed solar panels on each building. The property enjoys a prime location, offering immediate access to I-880 at Auto Mall Parkway and proximity to the Pacific Commons Shopping Center, providing convenient access to numerous retail options, restaurants, and financial institutions. This property offers a blend of immediate income and long-term growth potential, making it an attractive investment in a thriving California market. The flexible lease arrangements allow for easy expansion as tenant needs evolve.