For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

2855 Auto Mall Pkwy Fairfield, CA 94533

Sponsored
For Sale
$22,000,000

High-yield NNN lease, prime location.

Property size:
29,006 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 29,006 square foot Volkswagen dealership situated on a 4.23-acre lot at 2855 Auto Mall Pkwy, Fairfield, CA 94533. The property boasts a prominent location within Fairfield's "Auto Row," benefiting from excellent visibility and access along Auto Mall Parkway (5,680 AADT), I-80 (207,900 AADT), and Highway 12 (46,000 AADT). The site is supported by strong demographics, with a 15-mile radius encompassing a population of 528,663 and an average household income exceeding $132,773. Average home values within this radius surpass $719,519, indicating significant purchasing power. The property's strategic location is further enhanced by its proximity to major employers, including Jelly Belly Candy Company, Anheuser-Busch, Guittard Chocolate, and others. This single-tenant, net-lease property features a 25-year lease (commencing May 6, 2022, and expiring May 5, 2047), with 22.5 years remaining. The lease includes 2.5% annual rent bumps, generating a substantial net operating income (NOI) of $1,241,916 and a 5.65% cap rate. The asking price is $22,000,000. The tenant, an established auto dealership operator with a 77-year history, recently invested over $5 million in property renovations as part of VW OEM approval. This presents a rare infill investment opportunity in a high-growth area between San Francisco and Sacramento.

Property Features for 2855 Auto Mall Pkwy

General Information

Property type
Automotive properties
Square Feet
29,006 SF
Lot Size
184,259 SF

HighLights

  • Rare infill single‑tenant investment opportunity in Fairfield, CA, between San Francisco and Sacramento.
  • Guaranteed by Schomp Automotive Group, an established auto dealership operator with a 77‑year history.
  • Long‑term, absolute NNN lease with 22.5 years remaining; 2.5% annual rent increases.
  • Tenant recently invested over $5 million in property renovations.
  • Prominent Auto Row location on a 4.23‑acre lot, with high traffic counts on I‑80, Highway 12, and Auto Mall Parkway.
  • Strong demographics with high average household income and home values within a 15‑mile radius.
Property Profile Location Intelligence

Current Use by Public Records

ChargePoint Charging Station Electric Vehicle Charging Station Audi Napa Valley Audi Dealer Audi Service Center Auto Repair Shop Audi Parts Center Auto Parts Store Info Car & Property ... Corporate Office

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Fairfield
County
Solano
State
California
Longitude
-122.0811385
Latitude
38.2421454

FAQs

What type of property is this?
Automotive property - High-yield NNN lease, prime location.
Where is this automotive property located?
The property is located at 2855 Auto Mall Pkwy Fairfield, CA.
What is the asking price?
The asking price for this property is $22,000,000.
What are key features of this property?
This property features: Rare infill single-tenant investment opportunity in Fairfield, CA, between San Francisco and Sacramento.; Guaranteed by Schomp Automotive Group, an established auto dealership operator with a 77-year history.; Long-term, absolute NNN lease with 22.5 years remaining; 2.5% annual rent increases.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message