For Sale
$1,950,000

0 Nut Tree PkwyVacaville, CA 95687

High-Yield Multi-Tenant NNN Property

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fee-simple, 100% occupied, multi-tenant retail property in Vacaville, CA. The 0.47-acre lot, built in 1980 and renovated in 2022, boasts irreplaceable pylon signage adjacent to I-80, a major Northern California thoroughfare. Anchored by Raising Cane's, In-N-Out Burger, and Grocery Outlet, this property benefits from a strong tenant mix with credit-rated tenants and corporate guarantees. The current lease structure is a triple-net (NNN) lease with a weighted average lease term (WALT) of six years and built-in 3% annual rent increases. The property generates a substantial net operating income (NOI) of $129,276, resulting in a compelling 6.63% capitalization rate. Located in a dense retail corridor exceeding 1.8 million square feet of retail space, attracting approximately 7 million annual visitors, this property offers exceptional visibility and high-growth potential. The property is zoned CG and benefits from accelerated/bonus depreciation. This is a rare opportunity to acquire a high-performing, multi-tenant retail asset in a prime location with significant upside potential. The asking price is $1,950,000.

Highlights

  • $1,950,000 asking price for a 100% occupied, fee-simple retail property in Vacaville, CA.
  • NNN lease with credit-rated, corporate-guaranteed tenants including In-N-Out Burger, Raising Cane's, Grocery Outlet, and Columbia; 6-year weighted average lease term (WALT) with 3% annual rent increases.
  • High-visibility location on Nut Tree Pkwy, adjacent to I-80, in a dense retail corridor exceeding 1.8M square feet and attracting approximately 7 million annual visitors.
  • Irreplaceable standalone pylon signage provides significant advertising potential.
  • Strong investment opportunity in a high-growth demographic area with a 6.63% cap rate and $129,276 NOI.
  • Qualified for accelerated/bonus depreciation.

Property Details for 0 Nut Tree Pkwy

Property type
Retail properties, Grocery and convenience stores
Year Built/Renovated
1980/2022
Lot Size (sq. ft)
20,473 SF

Location Insight

City
Vacaville
County
Solano
State
California
Latitude
38.366161864515
Longitude
-121.96209581435
Nut Tree Pkwy, Vacaville, California

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0 Nut Tree Pkwy
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