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3060 Travis Blvd Fairfield, CA 94534

Sponsored
For Sale
$2,900,000

Fairfield, CA Retail Property - High ROI

Property size:
10,800 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 10,800 sq ft Dollar Tree in Fairfield, CA, on a 1.04-acre lot with 50 parking spaces. Built in 1978 and renovated in 2015, the property boasts a 15-year Net Lease (NN+) with a credit-rated corporate guarantor, expiring June 30, 2030, with a remaining term of 5.6 years. The lease includes 7.5% rent bumps every five years and one 5-year option. The property generates a strong NOI of $132,300, with a price per square foot of $268.52. Located in a high-traffic retail area near Travis Air Force Base and surrounded by numerous national brands and residential areas, this property offers significant upside potential. The property is zoned CC: Community Commercial District and preliminary discussions with Fairfield Planning suggest potential for subdivision, subject to zoning and easement considerations, requiring tenant approval. This fee-simple ownership offers a hands-off, passive income stream with limited landlord responsibilities (roof and structure). The tenant, Dollar Tree, is responsible for common area maintenance (CAM), creating a highly attractive investment opportunity in a rapidly growing area. The property's location within Fairfield's thriving commercial district, coupled with the long-term lease and built-in rent increases, makes this a compelling investment prospect. The property's strong tenant, prime location, and potential for future development combine to create a unique opportunity for significant returns.

Property Features for 3060 Travis Blvd

General Information

Property type
Individual retail properties
Square Feet
10,800 SF
Lot Size
45,302 SF

Building Details

Year Built/Renovated
1978/2015
Buildings
1
Stories
1
Units
1

HighLights

  • 10,800 SF Dollar Tree on a 1.04‑acre lot with 50 parking spaces in Fairfield, CA.
  • 15‑year Net Lease (NN+) with a credit‑rated corporate guarantor, expiring June 30, 2030, including 7.5% rent bumps every five years and one 5‑year option.
  • Strong NOI of $132,300 and a price per square foot of $268.52.
  • Limited landlord responsibilities (roof and structure); tenant responsible for CAM.
  • Located in a high‑traffic retail area near Travis Air Force Base.
  • Potential for future subdivision, subject to zoning and easement considerations, requiring tenant approval.
Property Profile Location Intelligence

Current Use by Public Records

Dollar Tree Home Goods Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Fairfield
County
Solano
State
California
Longitude
-122.0667884
Latitude
38.259572

FAQs

What type of property is this?
Individual retail property - Fairfield, CA Retail Property - High ROI
Where is this individual retail property located?
The property is located at 3060 Travis Blvd Fairfield, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 10,800 SF Dollar Tree on a 1.04-acre lot with 50 parking spaces in Fairfield, CA.; 15-year Net Lease (NN+) with a credit-rated corporate guarantor, expiring June 30, 2030, including 7.5% rent bumps every five years and one 5-year option.; Strong NOI of $132,300 and a price per square foot of $268.52.
More about this property
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