Retail Business for Sale in Fremont, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Fremont, CA 94539
Description
The offering consists of a 2,670-square-foot single-tenant net-leased building situated on a 0.76-acre parcel in Fremont, California. The property is leased to Jack in the Box under an absolute triple-net (NNN) lease with ten (10) years remaining on the current firm term. Jack in the Box has occupied the location since February of 1999. In 2026, the tenant executed a new 10-year lease commencing February 12, 2026, with a scheduled expiration on April 3, 2036. The lease includes four 5-year renewal options along with 10% rental increases every 5 years, including the option periods. The building, originally constructed in 1999, has operated as Jack in the Box continuously since its development, underscoring the strength of this location for fast food-related tenants. Location Highlights The property is strategically positioned at the signalized intersection of Osgood Road and Auto Mall Parkway, just one block from the Interstate 680 / Auto Mall Parkway interchange and 1.3 miles from the Interstate 880 / Auto Mall Parkway interchange. This prime location benefits from heavy traffic, with over 47,000 vehicles per day along Auto Mall Parkway and 15,000 vehicles per day along Osgood Road. The site offers excellent visibility and convenient access. Surrounding Retail The property is part of a larger shopping center, known as the Skyway Plaza Shopping Mall, anchored by well-known retailers including Walmart, Dollar Tree, Panda Express, Great Clips, ToGo’s Sandwiches, and Chipotle Mexican Grill. Other tenants within the immediate area include Western Digital’s Magnetic Head Operations, Home Depot, Subway, Quiznos, and Starbucks. ________________________________________ Key Investment Highlights • Long-Term Lease: Jack in the Box recently executed a 10-year lease extension (through April 2036) with ten years of firm term remaining. • Absolute NNN Structure: Tenant is responsible for all expenses, offering passive, management-free ownership. • Creditworthy Tenant: Jack in the
Market Context
This retail in Fremont, CA is listed for sale. It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 53 days. Compare it against other retail listings for sale in Fremont, CA — <a href="/search/sale/retail/california/fremont">view the full market</a>.
As of Q1 2026, the Oakland / East Bay retail market showed average asking rents near $52.92/SF/yr, and cap rates around 7.2%. Source: Consensus Q1 2026 market report.
Its 4.5% asking cap rate is below the Oakland / East Bay retail market average of about 7.2%, reflecting premium pricing relative to comparable assets.
Retail market FAQ
- What is the typical cap rate for retail in Oakland / East Bay?
- About 7.2% as of Q1 2026, per Consensus.
Unified Estimate
Medium Confidence$500.43/SF – $677.05/SF
Mid: $588.74/SF
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Eddie Nelson II · (916) 724-1308 · eddie.nelson@marcusmillichap.com
- Edward J. Nelson · (916) 724-1326 · edward.nelson@marcusmillichap.com
- Bret Nicholson · (775) 348-5234 · bret.nicholson@marcusmillichap.com
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