Mixed-Use

37304 Niles Blvd

37304 Niles Blvd, Fremont, CA 94536

Listing Price: $2,000,000

Cap Rate
2.80%
Number of Units
6
Price/Unit
$333,333
Price/Gross SF
$225.94
Gross SF
8,852

Investment Overview

Marcus & Millichap is proud to represent 37304 Niles Boulevard an extremely rare opportunity to acquire a mixed-use Building in downtown Niles. This property is a true pride of ownership purchase having been under the same ownership for four generations, this is the first time it has been on the market in almost 100 years. Strong tenant profile, Niles Electric has been in business for over 70+ years in the same location. Complete with individually metered units this site features on-site laundry (leased) and is one of the only properties on Niles with off-street parking.

Situated only a few blocks from desirable boutique retail and neighborhood parks, tenants will enjoy the convenience and comfort of these well-located properties and thriving neighborhood. One of the major draws for tenants is the close proximity to Fremont BART (five-minute drive). Beyond this, the location is only a short drive away from great restaurants, supermarkets, convenience stores and much more for all of your daily needs. For example, Safeway, Target, Trader Joes, Walgreens, and Whole Foods are all located within a 10-minute drive from the properties; adding value and convenience for the tenants. Because of Niles Station Apartments proximity to BART, major freeways, and cross-city bus lines; Niles Station Apartments is ideal for tenants commuting to San Francisco, San Jose and other major employment hubs in the area.

Investment Highlights

  • $225 Per Foot
  • Extremely Rare Opportunity to Acquire a Mixed-Use Building in Downtown Niles
  • One of the Few Buildings along Niles Boulevard with a Parking Lot (Eight Stalls)
  • First Time on the Market in Almost 100 Years
  • Property has Stayed Under the Same Ownership over Four Generations

Exclusively Listed By

Listing Price: $2,000,000

Cap Rate
2.80%
Number of Units
6
Price/Unit
$333,333
Price/Gross SF
$225.94
Gross SF
8,852

Investment Highlights

  • $225 Per Foot
  • Extremely Rare Opportunity to Acquire a Mixed-Use Building in Downtown Niles
  • One of the Few Buildings along Niles Boulevard with a Parking Lot (Eight Stalls)
  • First Time on the Market in Almost 100 Years
  • Property has Stayed Under the Same Ownership over Four Generations

Investment Overview

Marcus & Millichap is proud to represent 37304 Niles Boulevard an extremely rare opportunity to acquire a mixed-use Building in downtown Niles. This property is a true pride of ownership purchase having been under the same ownership for four generations, this is the first time it has been on the market in almost 100 years. Strong tenant profile, Niles Electric has been in business for over 70+ years in the same location. Complete with individually metered units this site features on-site laundry (leased) and is one of the only properties on Niles with off-street parking.

Situated only a few blocks from desirable boutique retail and neighborhood parks, tenants will enjoy the convenience and comfort of these well-located properties and thriving neighborhood. One of the major draws for tenants is the close proximity to Fremont BART (five-minute drive). Beyond this, the location is only a short drive away from great restaurants, supermarkets, convenience stores and much more for all of your daily needs. For example, Safeway, Target, Trader Joes, Walgreens, and Whole Foods are all located within a 10-minute drive from the properties; adding value and convenience for the tenants. Because of Niles Station Apartments proximity to BART, major freeways, and cross-city bus lines; Niles Station Apartments is ideal for tenants commuting to San Francisco, San Jose and other major employment hubs in the area.

Exclusively Listed By

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