2350 N Texas St - Freestanding FOR SALE


Fairfield, CA 94533
$1,050,000 USD
707-200-2097
2350 N Texas St, Fairfield, CA for Sale
$1,050,000 USD
Freestanding - FOR SALE
1/6
null | 6.35% Cap Rate

2350 N Texas St
Fairfield, CA 94533


OVERVIEW

Key Investment Highlights Prime Corner Lot Retail Property for Sale Located at the signalized intersection of North Texas Street and East Alaska Avenue, this high-visibility retail building benefits from ±23,000 daily vehicle traffic. The corner lot’s exposure and accessibility makes it ideal for both investors and owner-users. Income-Producing Property with Value-Add Potential Current NOI: $66,687 Pro Forma NOI: $101,803 This multi-tenant retail property features a stable anchor tenant (Papa Murphy’s) with a lease through 2028. Upside potential exists in re-leasing month-to-month spaces at higher market rates, providing opportunities for investors seeking value-add retail investments. Owner-User Opportunity Approximately 5,000 SF is available on a month-to-month basis, providing flexibility for an owner-operator to occupy part of the space while generating income from existing tenants. Strategic Market Position Located in a dense trade area with strong demographics: 1-Mile Radius: Population of 26,399; Average Household Income of $87,629 3-Mile Radius: Population of 107,334; Average Household Income of $101,844

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,840 SF

ZONING

CT, Fairfield

APN/PARCEL ID

0034-130-210

ASK ABOUT THIS PROPERTY

Jasmine SinghDakin & Dakin Commercial Real Estate ServicesMore Info
707-200-2097

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Jasmine SinghDakin & Dakin Commercial Real Estate ServicesMore Info
707-200-2097

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