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630 Tennessee St
Vallejo, CA 94590
Vallejo Retail Investment · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
7,012 SF
Building Class
C
Year Built
1953
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.42 AC
Zoning
Misc Com
Parking
23 Spaces (3.28 Spaces per 1,000 SF Leased)
Frontage
123’ on Tennessee St

Amenities

  • Pylon Sign

About 630 TENNESSEE ST , VALLEJO, CA 94590

Colliers International, as Exclusive Advisor to the Seller, is pleased to present the opportunity to acquire the 100% fee simple interest in 630 TENNESSEE STREET, VALLEJO, CA (the “Property”), a 7,012 square foot retail and office strip center, also known as Victorian Center. The property is currently 100% occupied with a mixture of retail tenants, visible along Tennessee Street, and office tenants, located in the rear of the building. The leases are all month-to-month, with the exception of one smaller office tenant, which leaves a significant upside opportunity for a new operator to fine-tune the leases and bring rents up to current market standards. This is an exceptional opportunity to acquire a true value-add property which is fully-leased and is a 6% Cap rate on existing income in the Bay Area.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0056-052-170
  • 0056-052-180
Land Assessment
$301,521
Improvements Assessment
$745,275
Total Assessment
$1,046,796
  • Listing ID: 11186566

  • Date on Market: 1/9/2018

  • Last Updated:

  • Address: 630 Tennessee St, Vallejo, CA 94590

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