For Sale
$1,475,000

160 A StDixon, CA 95620

High-yield, 100% occupied retail center in Dixon, CA.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional retail investment opportunity presents a 7,139 square foot, single-story, multi-tenant property located at 160 W A St, Dixon, CA 95620, within the Sacramento MSA. Boasting a 6.32% cap rate and a strong NOI of $93,208, this stabilized investment features six tenants, eight units, and twelve parking spaces. Four tenants have occupied the space for over a decade, demonstrating exceptional tenant loyalty. The property benefits from a gross lease structure with built-in annual rent increases ranging from 3% to 5%, providing a natural hedge against inflation. Significant capital improvements, including a new roof, parking lot resurfacing, and two new HVAC units, were completed within the last five years. Built in 1905 and renovated in 2022, this property is situated in a rapidly expanding area, with over 1,400 new homes constructed within a one-mile radius, ensuring continued growth and strong future prospects. The asking price is $1,475,000, translating to an attractive price per square foot of $207. The property is 100% occupied as of September 16, 2024. This is a rare opportunity to acquire a well-maintained, high-performing retail center in a thriving market.

Highlights

  • 7,139 SF single-story, multi-tenant retail building at 160 W A St, Dixon, CA.
  • 6.32% cap rate with a strong NOI of $93,208.
  • Eight units, six tenants (four with over 10 years occupancy), and twelve parking spaces.
  • Gross leases with 3-5% annual rent increases.
  • Recently renovated (2022) with recent capital improvements (new roof, parking lot, HVAC).
  • 100% occupied as of September 16, 2024, asking price $1,475,000 ($207/SF).

Property Details for 160 A St

Property type
Lifestyle centers, Power centers
Square Feet
7,139 SF
Year Built/Renovated
1905/2022
Buildings
1
Stories
1
Units
8

Location Insight

City
Dixon
County
Solano
State
California
Latitude
38.4457902
Longitude
-121.8234088
160 A St, Dixon, California

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160 A St
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