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    1420 Blvd Fairfield, CA 94533

    For Sale
    Contact for pricing

    Former Sears, High-Traffic Location, Huge Potential

    Property size:
    151,257 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional retail property presents a unique investment opportunity in Fairfield, CA. The former Sears building at Solano Town Center Mall offers a substantial 151,257 square feet of space situated on an 8.66-acre parcel with 707 parking spaces. The building is comprised of three floors: a ground floor with 49,038 square feet (26,469 square feet currently leased at $1.75/SF/month), a second floor with 47,087 square feet vacant and available at $1.25/SF/month, and a third floor with 50,938 square feet vacant and available at $0.99/SF/month. An additional 4,194 square feet of common area is also included. The property benefits from a recently signed 15-year ground lease (with three 5-year options) by Raising Cane's, a well-known fast-food chain, significantly increasing foot traffic. Its strategic location adjacent to I-80 Freeway (209,509 vehicles daily), just north of the I-80/I-8 interchange (160,000+ vehicles daily), and on Travis Blvd (45,220 vehicles daily) provides unparalleled visibility and accessibility. The property's connection to Solano Town Center Mall, attracting over 1.02 million visitors annually, further enhances its appeal. The surrounding demographics are strong, with over 98,500 people and average household incomes exceeding $83,000 within a 3-mile radius. The limited availability of comparable development sites in this supply-constrained trade area ensures the center's long-term growth potential.

    Property Features for 1420 Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    151,257 SF
    Lot Size
    377,230 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Fairfield
    County
    Solano
    State
    California
    Longitude
    -122.0279
    Latitude
    38.2674

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    FAQs

    What type of property is this?
    Retail property - Former Sears, High-Traffic Location, Huge Potential
    Where is this retail property located?
    The property is located at 1420 Blvd Fairfield, CA.
    (714) 926-2072
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    1420 Blvd Fairfield, CA 94533
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    Fairfield, CA 94533
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1420 Blvd Fairfield, CA 94533
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