Two-Story Flex
For Sale
$495,000
Pending
1735 Enterprise DR, Fairfield, CA 94533
Both floors contain a mix of private work areas, storage and larger meeting rooms.
Property Size3,380 SF
Days on Market206
Property Features for 1735 Enterprise DR
General Information
Standard status
Pending
Size
3,380 SF
Property subtype
Comm Ind For Sale
Additional Details
Sprinkler System
Yes
Property Use
Light Industrial / Flex Space
Building Details
Year Built
1990
Stories
2
Construction
concrete tilt-up
Listing Agency:
KW Advisors East Bay
Listed By:
Nathaniel Reinke
(415) 710-7284
Source:
Jpnrealty
Added: Apr 14
Changed: Nov 4
Last Checked: Nov 4 at 8:06AM
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 KW Advisors East Bay
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Investment Insights
Based on property information with market context.
This 3,380-square-foot flex suite in Fairfield was built in 1990 with concrete tilt-up construction. Its two floors are arranged with offices, storage rooms and larger conference areas, and the layout includes 2.5 bathrooms. Front and rear stairwells connect the levels. Building systems include zoned HVAC, copper plumbing, Romex wiring with three sub-panels, and fire sprinklers on both floors. Interior walls may be removable, subject to buyer verification.
The suite is part of a light industrial flex building in an established Fairfield business park. The complex has 190 surface parking spaces, with a stated ratio of 4.00 spaces per 1,000 square feet. A rear drive-in door is identified as a potential addition, not an existing feature.
The suite is part of a light industrial flex building in an established Fairfield business park. The complex has 190 surface parking spaces, with a stated ratio of 4.00 spaces per 1,000 square feet. A rear drive-in door is identified as a potential addition, not an existing feature.
Key Highlights
- 3,380 square feet of flex space
- Two floors with offices, storage rooms and conference areas
- 2.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,623
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,460
$772.5K
Cap Rate 7%
$551,757
$551.8K
Cap Rate 9%
$429,144
$429.1K
Market Conditions
NOI Build-Up for 3,380 SF
Gross rent
$57.6K $17.04/SF
− Vacancy
−$2.4K −$0.72/SF
EGI
$55.2K $16.32/SF
− OpEx
−$16.6K −$4.90/SF
NOI
$38.6K $11.43/SF
Area
Fairfield, CA
Vacancy
4.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,460
Cap Rate 7%
$551,757
Cap Rate 9%
$429,144
Alternative Uses
Best Use
Flex RnD
$768.2K
$672.2K – $896.3K
NOI $53,777 @ 7.0% cap · market cap 10.86%
Second Best
Industrial
$551.8K
$482.8K – $643.7K
NOI $38,623 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$1.38M
$1.20M – $1.61M
NOI $96,314 @ 7.0% cap · market cap 19.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94533, CA
77,380
Population
25,539
Households
3
Avg Household Size
36
Median Age
20%
College-Educated
83%
High-School Grad
22.5 sq mi
ZIP Area
3,439
Density / Sq Mi
$85,990
Median Household Income
$41,466
Median Earnings
$1,980
Median Rent
$497,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Delivered by Grace — 1901 Enterprise Ct, Fairfield, CA 94533
- Fresh Fruit CA — 2121 Cadenasso Dr, Fairfield, CA 94533
- JoJos Munchies — 835 W Texas St, Fairfield, CA 94533
Frequently Asked Questions
What type of property is this?
Flex space - Both floors contain a mix of private work areas, storage and larger meeting rooms.
Where is this flex space located?
The property is located at 1735 Enterprise DR Fairfield, CA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 3,380 square feet of flex space; Two floors with offices, storage rooms and conference areas; 2.5 bathrooms
