2855 Auto Mall Pkwy Fairfield, CA 94533
High-yield NNN lease, prime location.
Property size:
29,006 SFProperty Features for 2855 Auto Mall Pkwy
General Information
- Property type
- Automotive properties
- Square Feet
- 29,006 SF
- Lot Size
- 184,259 SF
Listing Agency: Fisher James Capital Listing Agent: Putnam Daily
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Insight Report
Location Intelligence
Current Use by Public Records
ChargePoint Charging Station
Electric Vehicle Charging Station
Audi Napa Valley
Car Dealership
Audi Service Center
Auto Repair Shop
Audi Parts Center
Auto Parts Store
Info Car & Property ...
Corporate Office
Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Solano
- State
- California
- Longitude
- -122.0811385
- Latitude
- 38.2421454
Nearby Similar for Sale
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.
