1919 Peabody Rd - Freestanding FOR SALE


Vacaville, CA 95687
$1,300,000 USD
650-208-5282
1919 Peabody Rd, Vacaville, CA for Sale
$1,300,000 USD
Freestanding - FOR SALE
1/4
null | 6.43% Cap Rate

1919 Peabody Rd
Vacaville, CA 95687


HIGHLIGHTS

  • Freestanding retail pad building in a shopping center anchored by Lucky Supermarket
  • Triple net lease with Forgotten Path Games through February 2027 with a 5-year renewal option
  • ATM lease with Wells Fargo through April 2025 with two, 5-year renewal options
  • Wells Fargo has 20+ years of tenancy in the ATM space
  • Combined traffic counts of more than 40,000 vehicles per day along Alamo Drive and Peabody Road

OVERVIEW

Marcus & Millichap is pleased to present 1919 Peabody Road in Vacaville, CA. This freestanding retail building measures approximately 4,620 gross square feet and is situated on a 0.53-acre parcel. The property is a pad building in a shopping center anchored by Lucky supermarket and The Learning Experience. Currently, the space is leased to Forgotten Path Games through February 2027. They have one option to renew their lease for a period of five years. Additionally, an ATM space is leased to Wells Fargo through April 2025. Their lease contains two, five-year renewal options. Wells Fargo has been a long-term tenant at the property; they have used the ATM space for more than 20 years. The subject property is located at the intersection of Alamo Drive and Peabody Road. which is a four-corner retail location. In addition to Lucky and The Learning Center, co-tenants in the shopping center include Burger King, Little Caesar's Pizza, Subway, Vacaville Vet Clinic, and Dominos Pizza. Walgreens, Taco Bell, and O'Reilly Auto Parts are located across the street. The site has good access and visibility, with combined traffic counts exceeding 40,000 vehicles per day.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$281 USD /SF

CAP RATE

6.43%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

Commercial Neighborhood

APN/PARCEL ID

0132-320-320

ASK ABOUT THIS PROPERTY

Joshua JohnsonMarcus & MillichapMore Info
650-208-5282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Joshua JohnsonMarcus & MillichapMore Info
650-208-5282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.