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Leased Retail Property with 20-Year Term
For Sale
Contact for pricing
Pending

700 Military W, Benicia, CA 94510

Brand new 20-year lease and recently remodeled retail asset with easy freeway access.

Property SizeContact for details
Days on Market122

Property Features for 700 Military W

General Information

Standard status Pending
Property subtype Retail

Financials

Cap Rate 3.5%
Business Included Yes

Additional Details

Highway Access Yes
Listing Agency: First Street Brokerage
Listed By: Jeff Christian · License #CA 01461046
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 10 at 11:49AM

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 First Street Brokerage

Investment Insights

Based on property information with market context.

Located at 700 Military W in Benicia, CA, this retail property is being offered with a brand new 20-year lease at closing of escrow. The asset has undergone a recent store remodel and is described as a rare San Francisco Bay Area offering, positioned approximately 1.2 miles from Benicia High School.

The property also benefits from easy access to Interstate 780/680 and I-80. The lease terms call for 8% rent bumps every five years.

Key Highlights

  • Brand new 20‑year lease at close of escrow
  • Recently remodeled retail property
  • Price: $3,571,400; reported cap rate: 3.5%

Property Analytics

Current Use

Taco Bell Restaurant

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Grooming Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Dining 22% Home Improvements & Furnishings 22% Apparel 8%
Dollar Tree Shops & Services
14,943 visits/mo 0.5 miles
Pedrotti Ace Hardware Home Improvements & Furnishings
12,912 visits/mo 0.5 miles
Taco Bell Dining
9,697 visits/mo 0.0 miles
Pet Food Express Shops & Services
6,940 visits/mo 0.5 miles
Goodwill Apparel
4,480 visits/mo 0.5 miles

Demographics for 94510, CA

27,174
Population
11,463
Households
2.4
Avg Household Size
46
Median Age
46%
College-Educated
96%
High-School Grad
29.2 sq mi
ZIP Area
931
Density / Sq Mi
$125,222
Median Household Income
$70,569
Median Earnings
$2,234
Median Rent
$778,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Brand new 20-year lease and recently remodeled retail asset with easy freeway access.
Where is this retail space located?
The property is located at 700 Military W Benicia, CA.
What are key features of this property?
This property features: Brand new 20‑year lease at close of escrow; Recently remodeled retail property; Price: $3,571,400; reported cap rate: 3.5%
More about this property
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