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Sublease Highlights

  • Rare freestanding retail building
  • Large outdoor courtyard
  • Abundant natural light
  • Situated in a Raley's-anchored shopping center
  • Strong glass lines
  • Upgraded interiors

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 38980
  • 3,085 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

This freestanding retail space features upgraded interiors, strong glass lines that provide abundant natural light, and direct access to a large outdoor courtyard. The existing layout supports a variety of customer-facing concepts and offers an inviting environment for retail, dining, or service-oriented users.

  • Sublease space available from current tenant
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Private Restrooms
  • Natural Light
  • Private Restrooms
  • Rare Freestanding Retail Building
  • Large Outdoor Courtyard
  • Strong Glass Lines with Abundant Natural Light
  • Upgraded Interiors
Space Size Term Rental Rate Rent Type
1st Floor, Ste 38980 3,085 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable

1st Floor, Ste 38980

Size
3,085 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

This freestanding retail space features upgraded interiors, strong glass lines that provide abundant natural light, and direct access to a large outdoor courtyard. The existing layout supports a variety of customer-facing concepts and offers an inviting environment for retail, dining, or service-oriented users.

  • Sublease space available from current tenant
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Private Restrooms
  • Natural Light
  • Private Restrooms
  • Rare Freestanding Retail Building
  • Large Outdoor Courtyard
  • Strong Glass Lines with Abundant Natural Light
  • Upgraded Interiors

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Site Plan

Select Tenants at US Bank

  • Tenant
  • Description
  • US Locations
  • Reach
  • Kabir Group Inc
  • Services
  • 1
  • -
Tenant Description US Locations Reach
Kabir Group Inc Services 1 -

Property Facts

Total Space Available 3,085 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 3,085 SF
Total Land Area 0.53 AC
Year Built 1995
Parking Ratio 3.24/1,000 SF

About the Property

Positioned within a Raley’s-anchored shopping center in Fremont, 38980 Paseo Padre Parkway offers a rare opportunity to occupy a freestanding retail building in an established neighborhood retail environment. The property benefits from visibility along Paseo Padre Parkway and is surrounded by a complementary mix of daily-needs retailers, restaurants, and service-oriented businesses, including Pet Food Express and Philz Coffee. The building features upgraded interiors, expansive glass lines that bring abundant natural light into the space, and a large outdoor courtyard that can enhance the customer experience and support a variety of retail, dining, or service-oriented concepts. Its freestanding configuration provides a distinct identity within the shopping center while benefiting from the customer traffic generated by surrounding businesses and the center's established retail presence. The location serves a dense residential and daytime population base, with more than 173,000 residents and nearly 188,000 daytime employees within three miles. The combination of a well-known grocery anchor, established co-tenancy, and convenient access to surrounding neighborhoods supports consistent consumer activity throughout the day. The existing improvements and flexible layout create an opportunity for tenants seeking a highly visible retail presence within one of Fremont’s established commercial corridors.

  • Courtyard
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
70/100

Nearby Major Retailers

Philz Coffee
Peet's Coffee
Smart & Final
Poppy Bank
Citi
Raley's
Jpmorgan Chase & And Co
U.S. Bank
9Round
Stretchlab
  • Listing ID: 41806571

  • Date on Market: 2026-08-19

  • Last Updated:

  • Address: 38980 Paseo Padre Pky, Fremont, CA 94538

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