Property profile

751-775 Monte Vista Ave Vacaville, CA 95688

OFF-MARKET
Lifestyle centers
15,757 SF 1.95 ac lot Built 1989
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Property summary

AI-generated overview

This 15,757 square-foot retail center in Vacaville, CA, presents a compelling value-add opportunity. Located at 751-775 E Monte Vista Ave, this Class B, multi-tenant property boasts nine tenants across eleven suites, currently operating at 80% occupancy with a Net Operating Income (NOI) of $225,237 and a projected NOI of $344,465. Built in 1989 on a 1.95-acre lot, the property features a diverse tenant mix, all under NNN leases. The asking price is $3,450,000, representing a current cap rate of 6.53% and a pro-forma cap rate of 9.98%. Situated on a high-traffic thoroughfare with over 20,000 vehicles per day, and less than half a mile from Interstate 80, the property benefits from exceptional visibility and accessibility. Significant upside potential exists through lease-up of vacant spaces and rent adjustments to market value for four existing month-to-month tenants currently below market rates. Recent capital improvements include roof and HVAC system replacements within the last five years. The property's prime location in Vacaville, a thriving commercial market between Sacramento and San Francisco, offers strong demographics with a population of approximately 113,000 within a five-mile radius and average household incomes exceeding $121,687. The property features four ingress/egress points, including dedicated left-turn access. This investment offers a strong current return with significant potential for future growth.

Property profile

Verified
Property type Lifestyle centers
Year built 1989
Total area 15,757 SF
Lot 1.95 ac (84,942 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

751-775 Monte Vista Ave Vacaville, CA 95688
Vacaville metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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