1525 Holiday Ln Fairfield, CA 94534-3478
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.