MARKET HIGHLIGHTS:

  • DENSE POPULATION: The City of Fremont is characterized as being one of the Bay Area's largest and most densely populated suburban communities. Fremont is the fourth largest city in the San Francisco Bay Area and the 14th largest in the State of California. The City boasts a vibrant and well-diversified economy with over 1,200 high-tech firms located within its eight business districts.

  • VIBRANT TRADE AREA: Crossroads' primary trade area (within a 5-mile radius of the Center) features a dense population of approximately 280,000 residents with an average annual household income of $105,000. The latest statistics suggest that more than 44% of the city's population earns above $100,000 in annual income and 61% of the population earns more than $75,000 in annual income. In addition, the trade area offers a daytime employment base of more than 118,000 workers.

FREMONT OVERVIEW:

In contrast to most East Bay markets, which are linear in nature due to geographical constraints imposed by the San Francisco Bay and surrounding foothills, the Fremont market is generally flat and characterized by dense, established development, much like a major metropolitan area. While most regional destinations in the East Bay need to draw customers from distances greater than 10 miles due to their unique geographical constraints, Fremont draws from a very close, 360 degree population base within a few mile radius. Fremont’s central location in the Bay Area, specifically its proximity to the financial and technological centers of San Francisco and the Silicon Valley, attracts a diverse, well educated and upwardly mobile resident population.

The City of Fremont is one of the Bay Area’s largest and most densely populated suburban communities. Fremont is the fourth largest city in the San Francisco Bay Area and the 14th largest in the State of California. Fremont enjoys a vibrant and well diversified economy of over 1,200 hightech firms within its eight business districts. The stores and restaurants at Crossroads draw customers from a densely populated and affluent trade area, which includes over 280,000 residents with an average household income of $105,000. Crossroads’ high-density customer base is predominately white collar, well educated and affluent with significant buying power.

As indicated in the chart below, more than 44% of Fremont’s population earns more than $100,000 in annual income and 61% of the population earns more than $75,000 in annual income.

Fremont Household Income Population % of Population
Under $15,000 3,178 5%
$15,000 - $24,999 2,640 4%
$25,000 - $34,999 3,036 4%
$35,000 - $49,999 6,017 9%
$50,000 - $74,999 11,867 17%
$75,000 - $99,999 11,839 17%
$100,000 - $149,999 16,437 24%
$150,000 + 13,511 13,511 20%