1727-1731 Springs Rd Vallejo, CA 94591
- Retail properties
- 0.15 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1727-1731 Springs Rd
- Year built
- 1978
- Lot size
- 0.15 lot acres
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a three-unit retail strip center ideally situated on a main thoroughfare in East Vallejo, California. Boasting a prominent location with high retail traffic, this property offers significant potential for strong returns. The 0.15-acre site houses three fully leased units, each equipped with its own bathroom and kitchenette. The current tenants are well-established, with many having occupied their spaces for over two decades, demonstrating remarkable tenant loyalty and stability. The property benefits from recent significant improvements exceeding $125,000, including a roof replacement less than two years ago and a fresh exterior paint job. All units are currently under two-year leases, providing long-term lease security and predictable income. The property's strong tenant history, coupled with the recent upgrades and prime location, makes this a compelling investment opportunity for discerning buyers seeking a stable and profitable retail portfolio addition. The property is offered at $579,000. Tenants are responsible for their own utilities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vallejo
- County
- Solano
- State
- California
- Longitude
- -122.223
- Latitude
- 38.1059
