HIGHLIGHTS: ProForma CAP Rate of 8.69% @ $2.01/Per Sq. Ft. NNN / Attractive Low Down payment SBA Financing May be available to well qualified Buyers. Estimated Down Payment of $80,000. / Month-to-Month tenant. / Priced well below market & replacement cost of $269/SF / Industrial office condominium with low monthly maintenance fees of approximately $172/Mo. / Tremendous upside or value-add potential through leasing out industrial space near market rate of$2.01/SF NNN. Comparable properties on average are leasing similarly sized spaces at $2.11/SF. The industrial condominium located in Fremont, CA is currently configured with upgraded office spaces, full bathroom and shower, full kitchen with upgraded appliances, and extensive buildouts & warehouse space. The property features roll up doors with tall ceilings, & 4reserved parking spaces. The property was built in 1982 and is 2,968 Sq. Ft. Nestled in Silicon Valley East, Fremont, CA is an ideal place to live, work, and play. Fremont, CA has a diversified globally connected economy where businesses success and residents are afforded a high quality of life.
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