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35766 Fremont Boulevard, Fr...

Kimco Realty Acquires Retail Property In Fremont & Anaheim For $134M
SOLDRetail

Kimco Realty Acquires Retail Property In Fremont & Anaheim For $134M

35766 Fremont Boulevard, Fremont, California 94536, United States

$134,000,000

$279/SF

Building Size

479,524 SF

Asset Type

Retail

Closing

Feb 9, 2022

AI

Kimco Realty has acquired a retail property in Fremont, located at 35766 Fremont Blvd. The property is also adjacent to another property at 510 N. Euclid St. This transaction took place in the Fremont and Anaheim markets.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $134,000,000
  • Square Footage: 479,524
  • Price per Square Foot: $279

Conor Flynn, representing Kimco Realty, led the acquisition deal.

Players

Conor Flynn

Kimco Realty

Buyer

$741.1M

vol

10 deals

Buyer

Fremont Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.12%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93