Vallejo Bank Branch Investment
4299 Sonoma Blvd, Vallejo, CA 94589
For Sale
Contact for pricing
NNN leased BMO Harris Bank branch in high-traffic location.
Property Size3,900 SF
Price / SF$540
Days on Market453
Property Features for 4299 Sonoma Blvd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Lease Type
Net Operating Income
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Monarch Commercial Advisors
Listed By:
Brandon Norton · License #01985777
(925) 286-5049
Source:
Crexi
Added: Aug 14, 2025
Changed: Oct 25
Last Checked: Nov 8 at 9:31AM
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 Monarch Commercial Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is leased to BMO Harris Bank, N.A., a subsidiary of BMO Financial Group (NYSE: BMO), a large North American financial institution with over $1 trillion in assets. BMO holds investment-grade credit ratings (Moody’s: A1 / S&P: A+). The Vallejo location supports BMO’s expansion across Northern California and is positioned for continued performance. The lease is structured as a net lease, offering passive income with minimal landlord responsibilities and stable, predictable cash flow. The property benefits from a prominent pad position on Sonoma Boulevard (Highway 29), a primary commercial corridor in Vallejo, with over 45,000 combined vehicles per day. The location in Solano County, within one of the Bay Area’s fastest-growing regions, is surrounded by a population of more than 120,000 residents within a 5-mile radius. The property size is 3,900 square feet. This infill location supports long-term value in an expanding market.
Key Highlights
- Investment‑Grade Credit Tenant: Leased to BMO Harris Bank, N.A. (Moody’s: A1 / S&P: A+), ensuring long‑term income stability.
- Passive Net Lease Structure: Offers hands‑off, reliable income.
- Strategic High‑Traffic Location: Situated on Sonoma Boulevard (Highway 29) with over 45,000 vehicles per day.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,941
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,038,820
$2.0M
Cap Rate 7%
$1,456,300
$1.5M
Cap Rate 9%
$1,132,678
$1.1M
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$147.4K $37.80/SF
− Vacancy
−$11.5K −$2.95/SF
EGI
$135.9K $34.85/SF
− OpEx
−$34.0K −$8.71/SF
NOI
$101.9K $26.14/SF
Area
Vallejo, CA
Vacancy
7.80%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,038,820
Cap Rate 7%
$1,456,300
Cap Rate 9%
$1,132,678
Alternative Uses
Best Use
Specialty Retail
$1.46M
$1.27M – $1.70M
NOI $101,941 @ 7.0% cap · market cap 4.84%
Second Best
Retail
$1.29M
$1.13M – $1.51M
NOI $90,319 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,865 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,049
Businesses Nearby
114k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 32%
Groceries 21%
Home Improvements & Furnishings 2%
Smart & Final
Groceries
23,427 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
17,842 visits/mo
0.3 miles
ARCO
Shops & Services
12,770 visits/mo
0.1 miles
Starbucks
Dining
11,493 visits/mo
0.2 miles
Shell
Shops & Services
10,995 visits/mo
0.4 miles
Demographics for 94589, CA
32,290
Population
9,826
Households
3.3
Avg Household Size
39
Median Age
23%
College-Educated
83%
High-School Grad
5.7 sq mi
ZIP Area
5,665
Density / Sq Mi
$91,313
Median Household Income
$45,106
Median Earnings
$2,127
Median Rent
$478,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Bank - NNN leased BMO Harris Bank branch in high-traffic location.
Where is this bank located?
The property is located at 4299 Sonoma Blvd Vallejo, CA.
What is the asking price?
The asking price for this property is $2,106,000.
What are key features of this property?
This property features: Investment‑Grade Credit Tenant: Leased to BMO Harris Bank, N.A. (Moody’s: A1 / S&P: A+), ensuring long‑term income stability.; Passive Net Lease Structure: Offers hands‑off, reliable income.; Strategic High‑Traffic Location: Situated on Sonoma Boulevard (Highway 29) with over 45,000 vehicles per day.
