Gateway Plaza

For Lease 3,085 SF

38980-38990 Paseo Padre Parkway, Fremont, CA 94538

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.

Key features

  • 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

Rental Details

  • Number of spaces 1
  • Total square feet available 3,085 SF
  • For Lease $75.00/SF/YR
  • Space Type Retail
  • Lease Type NNN
  • Latest Update Nov 5, 2026
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1 Space Available

38980 Paseo Padre Parkway

Space Type
Retail
Lease Rate
$75.00/SF/YR
Total Space
3,085 SF
Lease Type
NNN

Contacts

Mark B. Biagini

Biagini Properties

Building Details

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

Location

  • City Fremont, CA
  • Neighborhood Downtown Fremont
  • Zip Code 94538
  • Market Bay Area
  • Walk score 89/100 Very Walkable
  • Transit score 59/100 Good Transit
  • Bike score 77/100 Very Bikeable
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Points of Interest

Fremont

0.35 miles

Union City

3.22 miles

Deer Park

3.72 miles

Arden

3.82 miles

Warm Springs/South Fremont

4.27 miles

South Hayward

6.95 miles

Pleasanton

9.02 miles

Hayward

9.91 miles

Valero

0.56 miles

Chevron

0.65 miles

Tesla Supercharger

0.67 miles

Andy's Valero

0.97 miles

Speedway

1.44 miles

eVgo

1.62 miles

Arco

1.67 miles

76

1.78 miles

ChargeNet

2.52 miles

Supercharger

4.37 miles

Staff

0.50 miles

Impound Yard

0.67 miles

Tri City Voice Parking

0.68 miles

Tri City Voice/SKS Parking Lot

0.73 miles

maintenance yard

0.77 miles

SKS Parking Lot

0.79 miles

Parkway Proffesional Parking

1.04 miles

Downtown Niles Public Parking

1.62 miles

North Lot

1.75 miles

South Lot

1.78 miles

Raley's

0.11 miles

Smart & Final

0.18 miles

Whole Foods Market

0.23 miles

Namaste Plaza

0.25 miles

Bharat Bazar

0.25 miles

Ross

0.66 miles

Target

0.67 miles

Marshalls

0.68 miles

FoodMaxx

0.69 miles

Safeway

0.75 miles

Listing Summary

  • Retail Space Costs at 38980-38990 Paseo Padre Parkway

    The asking rent for retail space in this property starts at $75.00/SF/YR.

  • Retail Space Available

    The property exclusively contains Retail space totaling 3,085 square feet. The leasing opportunity here is available under NNN lease terms.

  • Space Sizes
    • The property houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
  • Area Characteristics

    38980-38990 Paseo Padre Parkway is located in the Downtown Fremont neighborhood of Fremont. The Downtown Fremont retail market offers 10 retail listings, representing a total of 24,912 square feet of retail space for lease.

    The most common retail type in the Downtown Fremont neighborhood is Halcyon - Foothill, of which the market currently offers 33 spaces.

    You can also find 23 Downtown Walnut Creek spaces. Additionally, leasing opportunities here include 19 Downtown Berkeley spaces.

Contact Mark B. Biagini
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