Andersen, Jung & Co. is pleased to present the listing for a bustling Dollar Tree located at 3060 Travis Blvd in Fairfield, CA that exercised its next option at the end of 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 neighboring 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 also less than 20 minutes from Travis Air Force Base and surrounded by residential homes for increased traffic and visitors!
Huge upside potential for any property owner regardless of investment strategy with built-in and growing income on day one!