112-116 Springstowne Ctr Vallejo, CA 94591
- Lifestyle centers
- 14,960 SF
- 1.43 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 112-116 Springstowne Ctr
- Year built
- 1982
- Lot size
- 1.43 lot acres
- Property size
- 14,960 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a fully leased 14,960 square foot shopping center located at 112-116 Springstowne Center, Vallejo, CA 94591. The property, situated on a 1.429-acre lot (APN 0071-061-520), offers a compelling 6.00% capitalization rate at an asking price of $2,850,000 ($190/sq ft). Built in 1982 and renovated in 1986, the center boasts 100% occupancy under a triple net (NNN) lease structure, providing a stable and predictable income stream. The property is offered fee simple, encompassing both land and building. Its prime location in Solano County, California, ensures strong tenant demand and potential for future appreciation. This is an ideal addition to any portfolio seeking consistent returns and long-term value. The property's strong performance history and attractive financial metrics make it a highly desirable investment opportunity in the thriving Vallejo market. Further details are available upon request.
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
- -122.216
- Latitude
- 38.1045
