Fremont Industrial & Commercial Real Estate

Tesla Corridor, Warm Springs & Bayside

Silicon Valley's Quiet Powerhouse

Fremont is the East Bay’s industrial engine — home to Tesla’s 5.3 million square foot manufacturing plant, over 2,000 manufacturing firms, and one of the largest concentrations of industrial real estate in the San Francisco Bay Area. The city offers more than 30 million square feet of industrial, flex, and commercial space with warehouse lease rates from $1.25 to $2.00 per square foot per month — making it one of the most cost-effective locations for businesses that need functional space in the greater Silicon Valley market. Jacob Sanchez CRE helps businesses find, lease, and acquire commercial properties throughout Fremont.

459 Hamilton Avenue office space in downtown Palo Alto

What Types of Commercial Properties Are Available in Fremont?

Fremont’s commercial inventory is heavily weighted toward industrial, but the market is diversifying:

  • Warehouse/Distribution: Fremont’s bread and butter. Large-format facilities (10,000-200,000+ SF) with dock-high loading, 24-32 foot clear heights, and yard space. Concentrated along Auto Mall Parkway, Cushing Parkway, and the Warm Springs district. Rates: $1.25-$2.00/SF/month.
  • Flex/R&D: Combined office-warehouse buildings popular with hardware companies, robotics firms, and advanced manufacturing. Bayside Industrial Park and the Kato Road corridor offer strong inventory. Rates: $1.50-$2.50/SF/month.
  • Manufacturing: Heavy industrial facilities with high-amperage electrical, reinforced floors, and specialized ventilation. Tesla’s presence has elevated Fremont’s manufacturing profile and attracted supporting suppliers. Rates: $1.40-$2.25/SF/month.
  • Office: More limited than the industrial stock. Fremont Boulevard and Auto Mall area have mid-rise office buildings. Class B rates: $2.50-$4.00/SF/month.
  • Retail: Pacific Commons, Fremont Hub, and Irvington district serve the city’s 230,000+ residents. Retail rates: $2.50-$5.00/SF/month.

Why Do Businesses Choose Fremont?

Fremont offers advantages that no other East Bay city can match:

  • I-880 corridor: Direct freeway access connecting to Oakland Port (30 minutes), San Jose (25 minutes), and the entire East Bay logistics network. Critical for distribution and manufacturing operations.
  • Affordable industrial space: Lease rates run 15-30% below equivalent space in San Jose or Milpitas, making Fremont the value leader for businesses that need large-format functional space.
  • Tesla supply chain effect: Tesla’s Fremont factory has attracted a network of suppliers, component manufacturers, and logistics providers. If your business serves the EV, battery, or automotive supply chain — Fremont is where the ecosystem lives.
  • BART access: Warm Springs/South Fremont station connects to the full BART network. This is a genuine differentiator for recruiting — employees can commute from San Francisco, Oakland, and the Tri-Valley without driving.
  • Diverse workforce: Fremont’s population is one of the most ethnically diverse in the Bay Area, with strong representation from the Asian, South Asian, and Afghan communities. This diversity translates into a multilingual, multicultural labor pool.
  • City-supported manufacturing: Unlike some cities that zone away industrial use, Fremont actively supports its manufacturing base through zoning protections and workforce development programs.

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What Are the Key Commercial Districts?

  • Warm Springs: Southern Fremont near the Milpitas border. Newer industrial and flex development around the BART station. Growing into a tech-industrial hub with mixed-use elements.
  • Auto Mall Parkway: Fremont’s main commercial corridor. Auto dealerships, retail centers, and adjacent industrial parks. High visibility and traffic counts.
  • Bayside Industrial Park: Large-format warehouse and manufacturing facilities near the bay. Lower rents and larger floor plates. Best for tenants who prioritize function over appearance.
  • Kato Road / Mission Boulevard: Mid-size industrial and flex buildings. R&D and light manufacturing tenants. Proximity to I-680 and I-880 interchange.
  • Irvington District: Historic commercial district with small retail and office spaces. Neighborhood-serving businesses.
  • Pacific Commons: Major retail center anchoring Fremont’s commercial core. Adjacent office and flex space benefits from the retail traffic draw.

Fremont vs. Other East Bay and South Bay Markets

FactorFremontMilpitasNewarkSan Jose
Warehouse Rate$1.25-$2.00$1.50-$2.25$1.15-$1.85$1.50-$2.25
Large Blocks (50K+ SF)StrongModerateStrongStrong
BART AccessYesYesNoNo (future)
Manufacturing BaseVery strongModerateModerateModerate
I-880 AccessDirectDirectDirectVia I-280/US-101
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