8.66 Acres Lot
8.66 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Rent
MLS Listing ID PW22063801
HOA Y/N No
Lot Size 8.660 Acres
Property Sub-Type Retail
Property Description
• The Property sits on an 8.65 acre parcel, with 707 Parking Spaces, and it can be used as the retail/commercial center.
• Ground Floor: 49,038 SF (26,469 SF leased), $1.75/SF/Month)
2nd Floor: 47,087 SF (Vacant), $1.25/SF/Month
3rd Floor: 50,938 SF (Vacant), $0.99/SF/Month
Common Area: 4,194 SF
• A well known fast food chain, Raising Cane's has recently signed a 15 year ground lease with three five year options to renew. This provides an increase in foot traffic near the Property.
• The Property is strategically positioned adjacent to I-80 Freeway (209,509 vehicles per day) just north of the I-8 Freeway (160,000+ cars per day) Interchange providing unparalleled visibility and access. The Property is located on Travis Blvd (45,220 vehicles per day), one of the primary East-West thoroughfare through Fairfield.
• The Property is located adjacent to I-80 Freeway, which connects two major cities, San Francisco and Sacramento benefits from being directly connected to the Solano Town Center mall, with 1.02M visitors annually.
• The demographics surrounding the Property are some of the best in the region, with over 98,500 people and average household incomes exceeding $83,000 within a 3-mile radius.
• Supply-constrained, in-fill trade area with extremely limited sites available for future development creating high barriers to entry, securing the center's long-term growth and success.
Location
State CA
County Solano
Interior
Fireplace No
Building
Lot Description 0-1 Unit/Acre
Water Public
Others
Tax ID 0033240030
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