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490 Chadbourne Rd Fairfield, CA 94534

Sponsored
For Sale
$18,350,000

108,010 SF Office Campus, 7.25% Cap Rate

Property size:
108,010 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents the chance to acquire the fee simple interest in Busch Campus Park, a 108,010-square-foot office campus located in Fairfield, California. Situated at the intersection of Interstate 80 and Highway 12, this Class B property boasts a prime location within Fairfield's commercial corridor. Currently 88% occupied, the multi-tenant property offers a strong existing cash flow and significant upside potential. The property features a diverse tenancy, with strong investment-grade tenants, and demonstrates exceptional leasing momentum, showcasing consistent growth over the past two years. The flexible lease structure (NNN) allows for a variety of exit strategies. The property is impeccably maintained, exhibiting excellent curb appeal. This value-add opportunity allows for near-term net operating income growth through lease-up and presents the potential for conversion of existing suites into medical office space, catering to the increasing demand for suburban medical facilities. The asking price is $18,350,000, representing a 7.25% capitalization rate. This property is a compelling investment for those seeking strong cash flow, growth potential, and a strategically positioned asset in a thriving market.

Property Features for 490 Chadbourne Rd

General Information

Property type
Medical offices
Square Feet
108,010 SF
Class
B

HighLights

  • Strategically located in Fairfield, CA's Highway 12 corridor, at I‑80 & Hwy 12 intersection.
  • Exceptional leasing momentum with consistent growth over the past two years.
  • Strong investment‑grade tenant base in a multi‑tenant building.
  • Flexible NNN lease structure provides a variety of exit strategies.
  • Significant cash flow growth opportunity through lease‑up of currently 88% occupied, 108,010 SF Class B office campus.
  • Potential for conversion to medical office space.
Property Profile Location Intelligence

Current Use by Public Records

Davinci Meeting Rooms Meeting Planning Service Sheilla Vidal Life Insurance Agency PacifikLive Radio Broadcaster Penney & Associates Personal Injury Attorney Dr. Oleg F. ... Nephrologist

Suggested Use

Realty agency Law Firm Dental Office Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Fairfield
County
Solano
State
California
Longitude
-122.08205125413
Latitude
38.234241407367

FAQs

What type of property is this?
Medical office - 108,010 SF Office Campus, 7.25% Cap Rate
Where is this medical office located?
The property is located at 490 Chadbourne Rd Fairfield, CA.
What is the asking price?
The asking price for this property is $18,350,000.
What are key features of this property?
This property features: Strategically located in Fairfield, CA's Highway 12 corridor, at I-80 & Hwy 12 intersection.; Exceptional leasing momentum with consistent growth over the past two years.; Strong investment-grade tenant base in a multi-tenant building.
More about this property
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