701 Southampton Rd Benicia, CA 94510-2055

Property Details for 701 Southampton Rd

Year built

1978

Lot size

1.01 lot acres

Property size

8,662 SF

Property type

Medical offices

Property subtype

Medical centers

APN

0087-011-810

APU

87011810

Description

This exceptional two-story, 8,662 square foot mixed-use commercial building in Benicia, CA presents a rare investment or owner-user opportunity. Located at a busy intersection (Highway 780 and Southampton Road), across from a major shopping center anchored by Raley's, Ace Hardware, and other national retailers, this property boasts excellent visibility and accessibility. Built in 1978 and renovated in 2006, the building features a wood frame with stucco exterior, tile roof, and ample parking (36 spaces). The 7,000 square feet of net rentable space is currently 87% occupied by 16 tenants, generating a strong NOI of $109,230 and a 6.24% cap rate. The diverse tenant mix includes insurance providers, service providers, counselors, and financial services businesses, occupying spaces ranging from 159 to 1,000 square feet. Recent improvements include repainting, parking lot resurfacing, and ADA upgrades. Situated on a 1.01-acre lot in Solano County (APN: 0087-011-810), this Class C property offers a stabilized investment with a gross lease structure. Benicia's desirable location, between I-80 and I-680, and its strong economy, fueled by employers like Valero Refinery and Flatiron Construction, make this a compelling investment prospect. The property is zoned MUI. This is an owner/user opportunity with potential SBA financing.