Overview
Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer for sale 49000 Milmont Drive (the “Property”), a brand new, Class A warehouse/advanced manufacturing facility in Fremont, CA, that is 100% leased to a Fortune 100 technology & manufacturing company.
Delivered in 2025, the ±267,099 SF Property features modern industrial specifications including ±36’ clear heights, heavy power, and efficient loading and distribution capabilities. The facility sits in the core of Fremont’s advanced manufacturing ecosystem, surrounded by a deep engineering and skilled labor pool supporting Silicon Valley’s EV, semiconductor, and cleantech industries.
The Property’s long-term NNN lease to a Fortune 100, investment-grade credit tenant provides investors stable, mission-critical income with minimal landlord responsibilities and no near-term capital requirements.
This opportunity combines institutional asset quality, credit tenancy, and long-duration NNN cash flow in one of the most supply-constrained and sought-after industrial markets in the United States.
Investment Highlights
100% LEASED TO FORTUNE 100 TECH & MANUFACTURING COMPANY
The Property is leased to a Fortune 100, investment-grade credit tenant and a global leader in technology and manufacturing. The long-term lease with annual escalations provides investors with a reliable, long-duration income stream with minimal landlord responsibilities and no anticipated capital requirements.
BRAND NEW STATE OF THE ART ADVANCED MANUFACTURING FACILITY
Completed in 2025, the ±267,099 square foot Property delivers modern production and industrial including ±36’ clear heights, 4,000 amps of power, modern dock-high loading, and abundant parking (428 stalls), on 13.63 acres. The building’s flexible, purpose-built design supports high-value manufacturing and assembly uses and aligns with long-term tenant demand in the Fremont submarket and greater Silicon Valley area.
LOCATED IN FREMONT – PREMIER SILICON VALLEY ADVANCED MANUFACTURING CLUSTER
The Property is strategically located in Fremont, one of the Bay Area’s most established clusters for advanced manufacturing, electric vehicles, semiconductor, and cleantech production. The submarket benefits from immediate proximity to Tesla’s flagship Fremont Factory, a deep engineering and manufacturing labor pool, and Silicon Valley’s innovation ecosystem.
STRATEGIC LABOR + TRANSPORTATION ACCESS (880 CORRIDOR)
The Property offers exceptional access to Interstates 880, 680, and 237, connecting the site to the Bay Area supply chain, labor markets across the East and South Bay, and international transportation nodes including SFO, OAK, SJC, and the Port of Oakland. Efficient logistics positioning enhances operational continuity—an important consideration for long-term tenant durability.
SILICON VALLEY IS ONE OF THE HIGHEST BARRIER TO ENTRY MARKET IN THE COUNTRY
New, Class A industrial and manufacturing supply in the Bay Area remains constrained by the lack of large land sites, high land prices, entitlement complexities, construction costs, and competing uses. High demand from tenants for high quality industrial buildings throughout Silicon Valley has caused extremely low vacancy for new product and has put upward pressure on rents.