Former Sears Building in
1420 Boulevard, Fairfield, CA 94533
Former Sears building in Solano Town Center Mall for sale.
Type:Retail
Property size:
151,257 SFLot size:
8.65 Acres- Added:
- Mar 29, 2022
- Days on Market:
- 1509
- Last Refresh:
- Apr 1 at 8:24 pm
Property Features for 1420 Boulevard
General Information
- Standard status
- Active
- Size
- 151,257 SF
- Lot size
- 8.65 Acres
- Property subtype
- Retail
Listing agent Minh Tran
Listing office (714) 926-2072
Listing date Mar 29, 2022
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Minh Tran
HighLights
- Strategic location adjacent to I‑80 Freeway with high traffic volume (209,509 vehicles per day) and direct access to Solano Town Center Mall (1.02M visitors annually).
- Significant leasable area: 151,257 SF (approx) on an 8.65‑acre parcel with 707 parking spaces, suitable for retail/commercial use.
- Established fast‑food chain (Raising Cane’s) has signed a 15‑year ground lease, increasing foot traffic.
- Strong demographics: Over 98,500 people with average household incomes exceeding $83,000 within a 3‑mile radius.
- Supply‑constrained, in‑fill trade area with limited development sites, ensuring long‑term growth potential.
- Existing leased ground floor space (26,469 SF) generating income at $1.75/SF/Month.
Overview
The former Sears building, approximately 151,257 square feet, is located within the Solano Town Center Mall in Fairfield, California. The property is situated on an 8.65-acre parcel and includes 707 parking spaces. It is suitable for use as a retail or commercial center. The ground floor comprises 49,038 square feet, with 26,469 square feet currently leased at $1.75 per square foot per month. The second floor offers 47,087 square feet of vacant space, available at $1.25 per square foot per month, while the third floor provides 50,938 square feet of vacant space at $0.99 per square foot per month. The common area measures 4,194 square feet. A well-known fast-food chain, Raising Cane’s, has recently signed a 15-year ground lease with three five-year options to renew, which is expected to increase foot traffic to the property. The property benefits from its strategic location adjacent to the I-80 Freeway, with a traffic volume of 209,509 vehicles per day, just north of the I-8 Freeway, which sees over 160,000 cars daily. It is also located on Travis Boulevard, a primary east-west thoroughfare in Fairfield, with 45,220 vehicles per day. The property's location adjacent to the I-80 Freeway, connecting San Francisco and Sacramento, and its direct connection to the Solano Town Center Mall, which attracts 1.02 million visitors annually, further enhance its appeal. The surrounding area boasts favorable demographics, with over 98,500 residents and average household incomes exceeding $83,000 within a 3-mile radius. The supply-constrained, in-fill trade area, with limited sites available for future development, creates high barriers to entry, securing the center’s long-term growth and success.
Location Intelligence
Current Use by Public Records
Shopping centers
Map
- City
- Fairfield
- County
- Solano
- State
- California
- Longitude
- -122.017
- Latitude
- 38.2845
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FAQs
What type of property is this?
Shopping center - Former Sears building in Solano Town Center Mall for sale.
Where is this shopping center located?
The property is located at 1420 Boulevard Fairfield, CA.
What are key features of this property?
This property features: Strategic location adjacent to I‑80 Freeway with high traffic volume (209,509 vehicles per day) and direct access to Solano Town Center Mall (1.02M visitors annually).; Significant leasable area: **151,257 SF (approx) on an 8.65‑acre parcel with 707 parking spaces**, suitable for retail/commercial use.; Established fast‑food chain (Raising Cane’s) has signed a 15‑year ground lease, increasing foot traffic.
