1450 Travis Blvd, Fairfield, CA 94533
14,604 SF | 100% Leased | Retail Building | Fairfield, CA 94533 | $5,370,000 ($368/SF) | 6% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $5,370,000
- Property Type
-
Retail
- Square Feet
- 14,604 SF
- Price / Square Foot
- $368
Listing Contacts
Matt Berres
Verified Profile
Samer Khalil
Verified Profile
Karick Brown
Verified Profile
- Property Info
Property Overview
Newmark, as an exclusive advisor, is pleased to present the opportunity to acquire a three (3) tenant, net leased property occupied by Starbucks, Jamba, and Jollibee in Fairfield, CA.
Property Details
- Class
- C
- Year Built
- 1980
- Stories
- 2
- Property Subtype
- Storefront Retail/Office
- Lot Size (sq. ft)
- 59,677 SF
Highlights
- NATIONAL TENANT LINE UP | STARBUCKS (S&P: BBB+), JAMBA (75 UNIT FRANCHISEE), JOLLIBEE ($4.47 BILLION MKT CAP)
- FREESTANDING 2-STORY BUILDING WITH STARBUCKS DRIVE-THRU | STRONG UNIT-LEVEL PERFORMANCE
- RECENT 10-YEAR LEASES ON STARBUCKS & JOLLIBEE | 6.0 YEARS OF WEIGHTED AVERAGE LEASE TERM PLUS RENEWAL OPTIONS
- SCHEDULED RENTAL INCREASES | PASSIVE NET LEASE STRUCTURES
- OUTPARCEL TO SUPER REGIONAL MALL SOLANO TOWN CENTER (1,050,000 SF)
- SPINOSO REAL ESTATE GROUP ACQUIRED SOLANO TOWN CENTER IN OCT 2023 WITH PLANS FOR A MIXED-USE REDEVELOPMENT
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