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!