PRICE REDUCED: $110.38 PER SQUARE FOOT Marcus & Millichap has been selected to exclusively market for sale 440 Watt Drive in Fairfield, CA. This well-located investment property has been leased to the same tenant since 1995, and is being offered well below replacement cost. While the tenant's rent is only $0.58 per square foot on a Modified Gross lease structure, their lease is set to expire in April 2028, allowing investors to reposition the asset with a new lease at market rents or sell the building to an owner-user significantly higher than the purchase price. The property consists of a concrete tilt-up industrial warehouse totaling approximately 45,300 square feet on a ±2.19 Acre lot with additional ±13,000 square feet of paved yard space in the rear. The property has 1,200 Amps of power, 20’7” clear heights, five dock positions, and two grade-level doors. The property’s irreplaceable location at the junction of I-80, I-680, and Hwy-12 provides tenants ease of access to Napa, San Francisco, and Sacramento and offers tenants an affordable alternative to industrial space in Napa County, San Francisco, and the East Bay. Located west of the I-80 truck scales, logistics companies delivering to Napa and the Bay Area minimize windshield time for drivers and avoid DOT inspections on their route. This offering represents a rare opportunity to acquire a high-quality concrete-tilt building with a stable tenant in an excellent location substantially below replacement cost with the opportunity to reposition the deal in 2028 and capture significant upside. The adjacent building, 490 Watt Drive is also available for $9,000,000 ($123 per square foot, 6.67% cap rate)