1525 Holiday Ln Fairfield, CA 94534-3478
- Automotive properties
- 14,360 SF
- 1.32 lot acres
Current Use by Public Records
- Cycle Gear / Outdoor Sports Store / Parking Lot For Motorcycles
- Boardwalk Motor Company / Used Car Dealer / Car Dealer
- Amazon Locker - Bali / Mailing Service / E-Commerce Service
- Valle Auto Sales / Used Car Dealer
Property Details for 1525 Holiday Ln
- Year built
- 1978
- Lot size
- 1.32 lot acres
- Property size
- 14,360 SF
- Property type
- Automotive properties
- APN
- 0152-290-040
- APU
- 152290040
Description
This exceptional investment opportunity presents a 18,528 square-foot, two-building auto shop in Fairfield, CA, strategically located off Interstate-80 within the San Francisco-Sacramento MSA. The property sits on a 1.32-acre lot and is currently under a 5-year absolute NNN lease with a top-performing Meineke franchisee operating 23 locations across four states. The lease includes two 5-year options with 10% rent increases at each option period. The asking price is $4,225,000, representing a 5.70% cap rate and a NOI of $240,864. Built in 1978, this property benefits from its prime location in a dense retail corridor at the Travis Blvd intersection, surrounded by national retailers. The area boasts strong employment opportunities due to its proximity to Travis Air Force Base and other major employers, along with affordable housing attracting residents. The property's location offers easy access to major transportation arteries, including Interstate 80, and is less than 40 miles from Sacramento and less than 46 miles from San Francisco. This presents a compelling investment opportunity with significant upside potential due to below-market sublet rents to a secondary tenant. The property is zoned for general retail commercial use, and an adjacent 1.13-acre lot is also available. The strong franchisee, long-term lease, and prime location make this a highly desirable asset.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,900,000
- 6.5%
- $2,120,000
- 7%
- $1,985,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,100,000
- Geo Method
- $2,225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,770,000
- Retail
- $2,265,000
- Mixed-Use
- $1,955,000
- Hospitality
- $2,030,000
- Educational
- $2,405,000
- Residential Income
- $2,090,000
- Energy
- $1,995,000
- Income-Based Land
- $2,175,000
- Food Service
- $1,855,000
Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Solano
- State
- California
- Longitude
- -122.062
- Latitude
- 38.2598
- CBSA code
- 46700
- CBSA name
- VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
