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3060 Travis Blvd 10,800 SF Retail Building Fairfield, CA 94534 $2,500,000 ($231.48/SF) 5.72% Cap Rate
Investment Highlights
- Huge Upside Potential!
- Established Tenant Paying Rent for Immediate Profit on Day 1!
- Shared Site with a Brand New Drive-Thru Dutch Bros for Incredible Synergy!
- Fairfield is a Booming and Appreciating City!
- Landlord Responsibilities Limited to Roof and Structure!
- Located in a Dense Retail Trade Area Surrounded by Tons of Businesses and Residences!
Executive Summary
The property is comprised of 10,800 square feet and sits on over one acre of land with ample parking. Originally built in 1978, Dollar Tree renovated the property and signed a new 10-Year net lease in 2015 with Two, 5-Year Options and set rent increases at 7.5% every 5 years. Dollar Tree shares maintenance responsibilities with the newly constructed Dutch Bros!
Fairfield is a booming and appreciating area with tons of development and government support. Fairfield is anchored by the highest trafficked Air Force Base in the continental United States, Travis Air Force Base.
Ideally located in a dense major retail trade area full of commercial properties such as Starbucks, Wendy’s, CVS, 7-Eleven, AutoZone, McDonald’s, Taco Bell, Burger King, Jack-In-The-Box, Macy’s, Walmart, and many more. It is close to Travis AFB and surrounded by residential homes for increased traffic!
Preliminary conversations with Fairfield Planning have indicated the property can be subdivided subject to zoning requirements and observation of all easements and associated agreements which will require tenant approval.
Huge upside potential for any property owner regardless of investment strategy with built-in and growing income on day one!
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
Dollar Tree, Inc. is a major North American discount retailer headquartered in Chesapeake, Virginia. The company operates a large network of small-format stores across the United States and Canada, offering low-priced consumables, household goods, seasonal merchandise, health and beauty products, and snacks. Dollar Tree is widely recognized for its fixed-price strategy, selling most products at a set low price point through its Dollar Tree banner, while its Family Dollar banner offers everyday low-cost merchandise across variable price ranges. Corporate operations at the Chesapeake headquarters oversee merchandising, supply chain, marketing, finance, human resources, and real estate activities supporting thousands of stores nationwide. Dollar Tree emphasizes convenience, value, and efficient distribution, with additional support from multiple distribution centers throughout North America.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 0152-280-150 | Improvements Assessment | $1,529,388 |
| Land Assessment | $655,452 | Total Assessment | $2,184,840 |
Property Taxes
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3060 Travis Blvd
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