1360 Travis Blvd, Fairfield, CA 94533
- Retail properties & Spaces
- 3,331 SF
- 0.72 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 1360 Travis Blvd
- Year built
- 2024
- Lot size
- 0.72 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional investment opportunity presents a brand-new, 3,331 square foot Raising Cane's restaurant built in 2024, situated on a 0.72-acre lot within the vibrant Solano Town Center in Fairfield, California. The property is offered as a fee simple ground lease interest, providing a secure and passive income stream. This prime location benefits from high visibility and significant foot traffic within a thriving retail center. The restaurant boasts Raising Cane's latest prototype design, featuring a dual-lane drive-thru for enhanced efficiency and customer convenience. The strength of this investment is further solidified by a corporate guarantee from one of the nation's leading quick-service restaurant chains, with over 749 locations and a proven track record of profitability. The long-term net lease structure minimizes landlord responsibilities, offering a 15-year primary lease term with three five-year options and one four-year renewal option. A key feature of this lease is the built-in 10% rental escalations every five years, providing significant long-term growth potential. This is a rare opportunity to acquire a high-performing, low-maintenance asset backed by a reputable national brand in a desirable retail location. The asking price for this exceptional investment is $3,000,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Solano
- State
- California
- Longitude
- -122.053
- Latitude
- 38.2583
