1525 Holiday Ln Fairfield, CA 94534-3478

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.

Location Insight

City

Fairfield

County

Solano

State

California

Longitude

-122.062

Latitude

38.2598

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments