1598 Fairgrounds Dr Vallejo, CA

This property features a 10-year absolute NNN ground lease to Dutch Bros Coffee. Rent increases of 10% are scheduled every 5 years and at options. The location has zero landlord responsibilities. Dutch Bros, a company that filed for IPO in September 2021, has over 1,000 locations across 19 states with plans for 2,000 by 2029. The property is located at a signalized hard corner with multiple access points. It is positioned to capture daytime demand and offers convenient freeway access, less than half a mile from CA-37 with 103,000 ADT, and situated halfway between I-80 and CA-29 with 133,000 ADT and 47,000 ADT, respectively. Regional demand drivers within half a mile include Six Flags Discovery Kingdom with 1.2 million annual visitors and 1,300 staff, and Solano County Fairgrounds with year-round events including the Solano County Fair. It is less than 2 miles from American Canyon High School with approximately 1,700 students, and nearly 5,000 students enrolled in nearby schools. The property is centrally located with excellent access and connectivity, 28 miles from Oakland, 33 miles from San Francisco and 54 miles from Sacramento. The property size is 950 square feet.