Gateway Plaza

38980-38990 Paseo Padre Parkway, Fremont, CA 94538

Property Information

  • For Lease $75.00/SF/YR
  • Property Type Retail
  • Property Size 6,085 SF
  • Units 3
  • Lot Size 0.53 Acre
  • Year Built 1996
  • Date Updated Nov 5, 2026

Description

Gateway Plaza is positioned at the northeast corner of Paseo Padre Parkway and Capitol Avenue within Fremont’s downtown core, a well-established retail district with a strong concentration of commercial activity. The surrounding area offers convenient access to civic, medical, office, and transit destinations, supporting steady daily traffic and neighborhood connectivity. Nearby points of interest include Fremont City Hall, Fremont BART Station, Washington Hospital, Whole Foods, Peet’s Coffee, Walgreens, and Panera. The location is also near a mix of high-density apartments and mid-rise office buildings, placing Gateway Plaza within an active, amenity-rich Fremont setting well suited for neighborhood-serving retail tenants.Gateway Plaza offers a highly visible retail opportunity at a major commercial intersection. Positioned across from the City of Fremont City Hall, this freestanding former bank branch benefits from strong frontage and signage on two sides of the premises. The property is situated within a well-established neighborhood center anchored by Raley’s Grocery and includes ample cross access and parking on the adjacent parcel. Surrounded by high-density apartments, major retail centers, mid-rise office buildings, Fremont BART Station, and two major hospitals, the site is well suited for a wide range of neighborhood-serving retail or service uses.

Highlights

  • DIRECT LEASE WITH LANDLORD. Subject to termination of the existing bank lease.
  • Freestanding Building - Former Bank Branch
  • Major Anchor Tenants in the Area: Whole Foods, Peet’s Coffee, Walgreens, Panera, Mylapore Indian Restaurant, Angry Chickz, Bar Method, Stretch Lab, Ever Bank, Fifth Third Bank, Wells Fargo, Citibank, US Bank, Washington Hospital and Fremont Bart Station.
  • Parking: Ample Cross Access & Parking on Adjacent Parcel
  • Raley's Grocery Anchored Center
  • Signage on 2 Sides of Premises

1 Space Available

38980 Paseo Padre Parkway

Space Type

Retail

Lease Rate

$75.00/SF/YR

Total Space

3,085 SF

Divisible Space

3,085 - 3,085 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

± 56’ W x 54’ D. o Freestanding building with large outdoor courtyard o Double glass entry and extensive windows on 3 sides o Separate HVAC and electrical o Dedicated mop sink area and telecom/server room Availability Date: Contact Mark Biagini. Building is vacant.

Contacts

Location

Located at 38980-38990 Paseo Padre Parkway, Fremont, CA 94538, this property is part of the Downtown Fremont neighborhood and Bay Area market.

Contact Listing Broker
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