48368 Milmont Drive — Lease in Fremont, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Fremont, CA 94538
  • Size: 40,320 SF

Photos

48368 Milmont Drive — Lease in Fremont, CA, photo 1 of 2
48368 Milmont Drive — Lease in Fremont, CA, photo 2 of 2

Market Context

This industrial in Fremont, CA is listed for lease across 40,320 SF. Compare it against other industrial listings for lease in Fremont, CA — view the full market.

As of Q1 2026, the Oakland / East Bay industrial market showed an 8.2% vacancy rate, average asking rents near $14.88/SF/yr, and rents up 7.8% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Industrial market FAQ

Is the Oakland / East Bay industrial market tightening or softening?
Vacancy is around 8.2%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$1.85/SF/mo – $2.85/SF/mo

Mid: $2.07/SF/mo

Estimated total for 40,320 SF: $83,462 per month

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