1525 Holiday Ln - Auto Repair FOR SALE


Fairfield, CA 94534- West
$4,015,000 USD
843-345-5333
1525 Holiday Ln, Fairfield, CA for Sale
$4,015,000 USD
Auto Repair - FOR SALE
1/7
null | 6% Cap Rate

1525 Holiday Ln
Fairfield, CA 94534
West


HIGHLIGHTS

  • Absolute NNN Sale Leaseback | Prime Passive Investment Opportunity with Zero Landlord Responsibilities
  • Strong National Brand with Over 1,470 Locations | E-Commerce & Recession Proof Tenant | Top-Performing Franchisee with 23 Locations Across Four States
  • Long-Term Lease with Built-In Rent Growth | 10-Year Master Lease | 10% Rental Increases Every 5 Years to Hedge Against Inflation | Two, 5-Year Options
  • National Retailers in the Immediate Surrounding Area Include Starbucks, Burger King, BevMo!, Dollar Tree, Taco Bell
  • Excellent Visibility & Access via I-80 (193,000+ VPD) | Situated at the Intersection of Holiday Ln at the Travis Blvd
  • High-Growth Area with Proximity to Major Metropolitans | Less than 40 Miles to Sacramento & Less than 46 Miles to San Francisco

OVERVIEW

Northmarq National Sale Leaseback Group is pleased to present to qualified investors the opportunity to acquire the fee simple interest in the Meineke Car Care Center, located at 1525 Holiday Lane in Fairfield, California. Located with excellent visibility from Interstate 80, the property rests in the greater San Francisco-Sacramento MSA and consists of two buildings totaling 18,528 square feet. The entire property is currently master leased to a top-performing Meineke franchisee, operating in 23 locations across four states. The franchisee occupies the primary service facility and subleases additional space on the property to other in-place tenants, providing additional rental income and long-term upside potential. The tenant will enter an absolute NNN, 10-year sale leaseback with two, 5-year options and 10% increases every five years. The subject property is well positioned in a dense retail corridor at the Travis Blvd intersection, and is surrounded by national retailers such as Burger King, BevMo!, Dollar Tree, and Taco Bell, amongst others. In Association With: Ronnie Givargis CA Broker #01363135

FOR SALE DETAILS

PRICE

$4,015,000 USD

PRICE/SF

$217 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership, Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

C

APN/PARCEL ID

0152-290-040

ASK ABOUT THIS PROPERTY

Ani PaulsonNorthmarqMore Info
843-345-5333

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Ani PaulsonNorthmarqMore Info
843-345-5333

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