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Chevys Fresh Mex | Fairfield, CA 1730 Travis Blvd 7,520 SF Retail Building Fairfield, CA 94533 $3,950,000 ($525.27/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Lease - Subsidiary of Xperience Restaurant Group (XRG)
- Adjacent to I-80 Freeway - 212K Cars Per Day
- 42 Miles from Sacramento - 46 Miles from San Francisco
- Large 1.72 AC Lot - 125K Residents Within 5 Miles
- Dense Retail & Mall Corridor - Tesla, Macy's, Dick's, Ulta
- 10% Rental Increases - 2-5 Year Options
EXECUTIVE SUMMARY
Chevys Fresh Mex, a Mexican casual dining chain founded in 1986, is a subsidiary of Xperience Restaurant Group (XRG). XRG is a leading casual and fine dining operator with brands including El Torito, Sol Mexican Cocina, Las Brisas, Acapulco and more.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,520 SF
Building Class
B
Year Built/Renovated
1998/2017
Price
$3,950,000
Price Per SF
$525.27
Cap Rate
7.25%
NOI
$286,375
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.72 AC
Zoning
CR-GC - Regional Commercial
Parking
99 Spaces (13.16 Spaces per 1,000 SF Leased)
Frontage
199’ on Travis Blvd
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
Since 1986, Chevys has been creating traditional Mexican dishes from scratch every day. California inspired. Mesquite fired. Farm fresh. Served up in a casual, energized atmosphere by Chevys passionate and personable staff. Whether it’s dinner with friends or just lunch with the kids, Chevys Fresh Mex makes every experience extraordinary.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | - |
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,787,679 | |
| Land Assessment | $1,735,181 | Total Assessment | $4,522,860 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,735,181
Improvements Assessment
$2,787,679
Total Assessment
$4,522,860
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Chevys Fresh Mex | Fairfield, CA | 1730 Travis Blvd
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