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1610 E Monte Vista Avenue - Nut Tree Shopping Center - Phase 3 (AA), Vacaville, CA

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1610 E Monte Vista Avenue - Nut Tree Shopping Center - Phase 3 (AA)

Vacaville, CA 95688-3107 - Vacaville Ret Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2014
Building Size:6,365 SF Land Area:.86 AC (37,605 SF)
For Sale Price:$5,005,000 Price/SF:$786.33
Cap Rate:5.25 %

Sale Notes:
Building AA of Nut Tree Retail Phase 3 offers the unique opportunity for an investor to acquire a 100% leased retail building in Northern California featuring leases to national tenants such as Verizon Wireless and The Joint Chiropractic, as well as a regional nail salon. The property is a freeway adjacent net leased building across the street from the first two phases of Nut Tree Shopping Center, a 399,000 square foot regional shopping center. The property is adjacent to five other outparcel pads with national and regional tenants totaling 52,000 square feet. The Nut Tree is one of Northern California' s dominant regional community shopping centers and contains eleven national anchor tenants and is a major draw for the trade area. This is an infill retail location with significant barriers to entry. With unparalleled freeway exposure along Interstate 80, this is a core net leased investment in an established retail trade area. With a diversified rent roll comprised of national and local tenants on long-term and short-term leases, an investor will capitalize on both real estate appreciation and scheduled increases in income.

Newmark Cornish & Carey - Maffia Team
Mike Maffia
(415) 445-5144

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