1950 Walters Ct - Storefront FOR SALE
Fairfield, CA 94533 |
$5,700,000 USD
574-270-0361
1950 Walters Ct
Fairfield, CA 94533
HIGHLIGHTS
- Single-Tenant Net Lease Investment – Fully leased to Crash Champions, a national, growing brand with over 650 collision repair locations
- Attractive NN+ Lease Structure – ±5.4 years of lease term remaining with2.0% annual rent escalations, providing steady income growth
- Below-Market Rent – In-place rent of $12.61/SF, offering long-term upside and downside protection relative to replacement cost and market rents
- Large Industrial Parcel – ±21,013 SF building situated on ±1.05 acres, well-configured for collision repair, fleet service, or automotive uses
- Additional Income Opportunity – Seller offering the east-adjacent±1.06-acre parking lot with a ±3-year leaseback at $7,500/month
- Strong Municipal Service Tenant – Adjacent lot occupied by Roadrunner Towing, operating under a 3-year service contract with the City
FOR SALE DETAILS
PRICE
$5,700,000 USD
PRICE/SF
$271 USD /SF
CAP RATE
6.23%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Hertz
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Auto Dealership, Auto Repair, Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.11 AC
LAND SF
91,912 SF
ZONING
INDUSTRIAL
APN/PARCEL ID
0170-200-040
ASK ABOUT THIS PROPERTY
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574-270-0361
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574-270-0361
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