For Sale
$4,225,000

1525 Holiday Ln Fairfield, CA 94534

Fairfield, CA: High-Yield Investment

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 18,528 square-foot, two-building auto shop in Fairfield, CA, strategically located off Interstate-80 within the San Francisco-Sacramento MSA. The property sits on a 1.32-acre lot and is currently under a 5-year absolute NNN lease with a top-performing Meineke franchisee operating 23 locations across four states. The lease includes two 5-year options with 10% rent increases at each option period. The asking price is $4,225,000, representing a 5.70% cap rate and a NOI of $240,864. Built in 1978, this property benefits from its prime location in a dense retail corridor at the Travis Blvd intersection, surrounded by national retailers. The area boasts strong employment opportunities due to its proximity to Travis Air Force Base and other major employers, along with affordable housing attracting residents. The property's location offers easy access to major transportation arteries, including Interstate 80, and is less than 40 miles from Sacramento and less than 46 miles from San Francisco. This presents a compelling investment opportunity with significant upside potential due to below-market sublet rents to a secondary tenant. The property is zoned for general retail commercial use, and an adjacent 1.13-acre lot is also available. The strong franchisee, long-term lease, and prime location make this a highly desirable asset.

Highlights

  • Absolute NNN 5-Year Sale-Leaseback.
  • High-performing Meineke franchisee with 23 locations across four states.
  • Below-market sublease to Cycle Gear; significant upside potential.
  • High-traffic location off I-80 (185,000+ VPD) at Travis Blvd intersection in a dense retail corridor.
  • Convenient access to Sacramento and San Francisco (under 46 miles).
  • Proximity to major employers including Travis Air Force Base, Jelly Belly, and Anheuser-Busch.

Property Details for 1525 Holiday Ln

Property type
Retail properties, Auto shops
Square Feet
18,528 SF
Year Built
1978
Buildings
2
Lot Size (sq. ft)
57,499 SF

Location Insight

City
Fairfield
County
Solano
State
California
Latitude
38.2600492
Longitude
-122.0620711

FAQs

What type of property is this?
Retail property - Fairfield, CA: High-Yield Investment
Where is the retail property located?
The property is located at 1525 Holiday Ln Fairfield, CA.
What is the asking price?
The asking price for this property is $4,225,000.
What are key features of this property?
This property features: Absolute NNN 5-Year Sale-Leaseback.; High-performing Meineke franchisee with 23 locations across four states.; Below-market sublease to Cycle Gear; significant upside potential.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1525 Holiday Ln
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