3060 Travis Blvd - Storefront Retail/Office FOR SALE


Fairfield, CA 94534
$2,500,000 USD
415-397-1966
3060 Travis Blvd, Fairfield, CA for Sale
$2,500,000 USD
Storefront Retail/Office - FOR SALE
1/18
null | 5.72% Cap Rate

3060 Travis Blvd
Fairfield, CA 94534


HIGHLIGHTS

  • Huge Upside Potential!
  • Fairfield is a Booming and Appreciating City!
  • Established Tenant Paying Rent for Immediate Profit on Day 1!
  • Landlord Responsibilities Limited to Roof and Structure!
  • Shared Site with a Brand New Drive-Thru Dutch Bros for Incredible Synergy!
  • Located in a Dense Retail Trade Area Surrounded by Tons of Businesses and Residences!

OVERVIEW

Andersen, Jung & Co. is pleased to present the listing for a bustling Dollar Tree located at 3060 Travis Blvd in Fairfield, CA with DT having just exercised their next option in October 2024. The property is comprised of 10,800 square feet and sits on over one acre of land with ample parking. Originally built in 1978, Dollar Tree renovated the property and signed a new 10-Year net lease in 2015 with Two, 5-Year Options and set rent increases at 7.5% every 5 years. Dollar Tree shares maintenance responsibilities with the newly constructed Dutch Bros! Fairfield is a booming and appreciating area with tons of development and government support. Fairfield is anchored by the highest trafficked Air Force Base in the continental United States, Travis Air Force Base. Ideally located in a dense major retail trade area full of commercial properties such as Starbucks, Wendy’s, CVS, 7-Eleven, AutoZone, McDonald’s, Taco Bell, Burger King, Jack-In-The-Box, Macy’s, Walmart, and many more. It is close to Travis AFB and surrounded by residential homes for increased traffic! Preliminary conversations with Fairfield Planning have indicated the property can be subdivided subject to zoning requirements and observation of all easements and associated agreements which will require tenant approval. Huge upside potential for any property owner regardless of investment strategy with built-in and growing income on day one!

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

5.72%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

CC

APN/PARCEL ID

0152-280-150

ASK ABOUT THIS PROPERTY

Monica ChungAndersen, Jung & CompanyMore Info
415-397-1966

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Monica ChungAndersen, Jung & CompanyMore Info
415-397-1966

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