1919 Peabody Rd, Vacaville, CA 95687
4,620 SF | Retail Building | Vacaville, CA 95687 | $1,400,000 ($303/SF) | 5.97% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,400,000
- Property Type
-
Retail
- Square Feet
- 4,620 SF
- Price / Square Foot
- $303
Listing Contacts
Joshua Johnson
Verified Profile
David Cutler
Verified Profile
Kirk Trammell
Verified Profile
- Property Info
Property Overview
Marcus & Millichap is pleased to present 1919 Peabody Road in Vacaville, CA. This freestanding retail building measures approximately 4,620
gross square feet and is situated on a 0.53-acre parcel. The property is a pad building in a shopping center anchored by Lucky supermarket and The Learning Experience. Currently, the space is leased to Forgotten Path Games through February 2027. They have one option to renew their lease for a period of five years. Additionally, an ATM space is leased to Wells Fargo through April 2025. Their lease contains two, five-year renewal options. Wells Fargo has been a long-term tenant at the property; they have used the ATM space for more than 20 years.
The subject property is located at the intersection of Alamo Drive and Peabody Road. which is a four-corner retail location. In addition to Lucky and The Learning Center, co-tenants in the shopping center include Burger King, Little Caesar's Pizza, Subway, Vacaville Vet Clinic, and Dominos Pizza. Walgreens, Taco Bell, and O'Reilly Auto Parts are located across the street. The site has good access and visibility, with combined traffic counts exceeding 40,000 vehicles per day.
gross square feet and is situated on a 0.53-acre parcel. The property is a pad building in a shopping center anchored by Lucky supermarket and The Learning Experience. Currently, the space is leased to Forgotten Path Games through February 2027. They have one option to renew their lease for a period of five years. Additionally, an ATM space is leased to Wells Fargo through April 2025. Their lease contains two, five-year renewal options. Wells Fargo has been a long-term tenant at the property; they have used the ATM space for more than 20 years.
The subject property is located at the intersection of Alamo Drive and Peabody Road. which is a four-corner retail location. In addition to Lucky and The Learning Center, co-tenants in the shopping center include Burger King, Little Caesar's Pizza, Subway, Vacaville Vet Clinic, and Dominos Pizza. Walgreens, Taco Bell, and O'Reilly Auto Parts are located across the street. The site has good access and visibility, with combined traffic counts exceeding 40,000 vehicles per day.
Property Details
- Class
- C
- Year Built
- 1992
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 23,087 SF
Highlights
- Freestanding retail pad building in a shopping center anchored by Lucky Supermarket
- Triple net lease with Forgotten Path Games through February 2027 with a 5-year renewal option
- ATM lease with Wells Fargo through April 2025 with two, 5-year renewal options
- Wells Fargo has 20+ years of tenancy in the ATM space
- Combined traffic counts of more than 40,000 vehicles per day along Alamo Drive and Peabody Road
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