700 Military W Benicia, CA 94510

Listing agency First Street Brokerage

Listed by Jeff Christian · License #CA 01461046

Source Crexi

Added: Apr 12 Updated: Jul 20 at 7:53PM Checked: Jul 20 at 7:53PM

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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%

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FAQs

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%