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38690 Stivers St
Fremont, CA 94536 Parkmont

$4,950,000 USD

Medical For Sale • 10,285 SF

Property Details

Property Type Medical
Total Building Size 10,285 SF
Lot Size 0.81 AC
Building Class B
Year Built 1972
Cap Rate 6.96 %
Tenancy Multiple
Zoning CC-UO & OS

58 Transit Score

86 Walk Score

                
                    Highlights
                
                                Opportunity for an owner-user to occupy 3,771 sf while benefiting from $233,487 per year of net income from the Washington Hospital lease
                            
                                7.0% Cap Rate (Based on Washington Hospital current lease income, combined with the vacant space leased at $2.45/sf NNN.)
                            
                                One half block from the Washington Hospital campus
                            
                                Excellent 1031 Exchange Opportunity
                            
                                Opportunity Zoned (OZ) property
                            
                                Large 35,680 sf lot with 65+ car parking

Property Flyers

Brochure

Washington Hospital Lease Summary

Floor Plan

Financial Summary

Cap Rate:

6.96 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Washington Hospital	6,514 SF	7/1/2029

Amenities

Security System
Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fremont-Centerville (Altamont Corridor Express - Altamont Commuter Express (ACE))	4 min	-	1.5 mi
	4 min	-	1.6 mi
Airport	Drive	Walk	Distance
Norman Y Mineta San Jose International	26 min	-	18.4 mi
Metro Oakland International	30 min	-	20.4 mi
San Francisco International	42 min	-	31.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	65
Type:	Surface
Included in Rent:	Yes

Lloyd Bakan 650-425-6418 Avison Young

38690 Stivers St Fremont, CA 94536 Parkmont