1730 Travis BlvdFairfield, CA 94533

Property Details for 1730 Travis Blvd

Year built

1990

Lot size

0.37 AC

Property size (Sq ft)

7,692 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

0033-250-050

APU

33250050

Description

This exceptional investment opportunity presents a 7,520 square foot Chevys Fresh Mex restaurant in Fairfield, CA, on a 1.72-acre lot with 99 parking spaces. The property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $286,000. Built in 1989 and renovated in 2017, the restaurant benefits from a triple-net (NN) lease with a remaining term of 3.2 years, followed by two five-year options with 10% rent bumps at each option period. The tenant, Chevys Fresh Mex, is a well-established subsidiary of Xperience Restaurant Group, a leading casual and fine dining operator. The property enjoys a prime location on Travis Blvd., adjacent to Interstate 80 (212,000 daily vehicles) and the Solano Town Center Mall (134 stores and restaurants). This vibrant retail area also includes numerous national brands such as Chick-fil-A, Panera Bread, and PetSmart. The property's large lot size offers significant future redevelopment potential. The strong demographics, with over 125,000 residents within a five-mile radius and over 5,900 households within one mile, further enhance the investment's appeal. The property's proximity to major metropolitan areas like Sacramento and San Francisco, along with the nearby Jelly Belly Factory, adds to its overall desirability. The APN is 0033-250-050, 0033-250-040, 0033-230-900. Asking price is $4,085,000.

Location Insight

City

Fairfield

County

Solano

State

California

Latitude

38.2588

Longitude

-122.059

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].