2855 Auto Mall Pky - Auto Dealership FOR SALE


Fairfield, CA 94533
$22,000,000 USD
510-289-1166
2855 Auto Mall Pky, Fairfield, CA for Sale
$22,000,000 USD
Auto Dealership - FOR SALE
1/4
null | 5.65% Cap Rate

2855 Auto Mall Pky
Fairfield, CA 94533


HIGHLIGHTS

  • Rare Infill Single Tenant Investment Opportunity Located Between San Francisco and Sacramento
  • Guaranteed by Schomp Automotive Group - Established Auto Dealership Operator with 77 Year Operational History
  • Long Term Absolute NNN Lease with 23 Years Remaining
  • Tenant Recently Invested over $5 Million into Property as Part of VW OEM Approval and Renovation
  • Prominent “Auto Row” Location situated on 4.23 Acres off Interstate 80 (207,900 AADT)
  • Robust, Affluent Bay Area Demographics with Exceptional Purchasing Power

OVERVIEW

The subject property is prominently located with excellent access and visibility along Auto Mall Parkway (5,680 AADT) with frontage along the I-80 arterial (207,900 AADT) and adjacent to its junction with Highway 12 (46,000 AADT). The site benefits from robust, affluent demographics with a population of 528,663 and average household income of $132,773 within a 15 mile radius. Average home value within fifteen miles of the site exceeds $719,519. The property benefits from a prominent retail location within Fairfield’s “Auto Row” adjacent to a major arterial, numerous shopping centers, and major retail tenants. In addition, the property is located less than half a mile from the Jelly Belly Candy Company’s Fairfield facility, Fairfield’s 7th-largest employer with a staff of nearly 500. Other major employers adjacent to the property include Anheuser-Busch, Guittard Chocolate, Calbee North America, Bimbo Bakeries USA, Sutter Health, AT&T, and more.

FOR SALE DETAILS

PRICE

$22,000,000 USD

PRICE/SF

$758 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Volkswagen of Fairfield

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.23 AC

LAND SF

184,259 SF

ZONING

COMMERCIAL

APN/PARCEL ID

0028-123-030

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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

Putnam DailyFisher James CapitalMore Info
510-289-1166

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