The subject property is prominently situated within the Nut Tree mixed-use freeway-adjacent development, which includes more than 399,000 square feet of retail space, 140,000 square feet of office space, 216 residential units, a 2-acre amusement park, and a 3.4 acre event center. The property has excellent access and visibility with frontage along I-80 (171,000 AADT) and dedicated freeway on- and off-ramps to the center. Between the Nut Tree, Vacaville Premium Outlets, and Lowe’s, the retail centers surrounding I-80/I-505 freeway interchange draw in excess of 6.5 million shoppers per year. The site benefits from robust demographics with a population of 259,014 within a 10-mile radius and average household income of $140,414 within a 5-mile radius.
The property benefits from excellent co-tenancy within the Nut Tree retail center (4.7 million annual visits) and from close proximity to shopping centers and major retail tenants. Major tenants within the Nut Tree Center include HomeGoods, Cost Plus World Market, Best Buy, PetSmart, Nordstrom Rack, ULTA, Michael’s, Old Navy, BevMo, and more. In addition, the property neighbors the Vacaville Premium Outlets, a 120-store outlet center with 3.7 million annual visits and Vacaville Commons, with 6.6 million annual visits (per Placer.ai).
Vacaville is the third-largest city in Solano County, located 55 miles from San Francisco and 35 miles from Sacramento. Vacaville has an ideal location at the intersection of Interstates 80 and 505, with three major airports (San Francisco, Oakland, and Sacramento International Airports) within a one-hour drive. Located in the center of the Northern California Metro area, which includes the San Francisco Bay Area and the Sacramento Region, Vacaville is able to draw beyond the local economy.