Property profile

2855 Auto Mall Pkwy Fairfield, CA 94533

FOR SALE
Automotive properties
Property ID
US09-4493035
27,108 SF 4.23 ac lot Built 2003
Individually Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 29,006 square foot Volkswagen dealership situated on a 4.23-acre lot at 2855 Auto Mall Pkwy, Fairfield, CA 94533. The property boasts a prominent location within Fairfield's "Auto Row," benefiting from excellent visibility and access along Auto Mall Parkway (5,680 AADT), I-80 (207,900 AADT), and Highway 12 (46,000 AADT). The site is supported by strong demographics, with a 15-mile radius encompassing a population of 528,663 and an average household income exceeding $132,773. Average home values within this radius surpass $719,519, indicating significant purchasing power. The property's strategic location is further enhanced by its proximity to major employers, including Jelly Belly Candy Company, Anheuser-Busch, Guittard Chocolate, and others. This single-tenant, net-lease property features a 25-year lease (commencing May 6, 2022, and expiring May 5, 2047), with 22.5 years remaining. The lease includes 2.5% annual rent bumps, generating a substantial net operating income (NOI) of $1,241,916 and a 5.65% cap rate. The asking price is $22,000,000. The tenant, an established auto dealership operator with a 77-year history, recently invested over $5 million in property renovations as part of VW OEM approval. This presents a rare infill investment opportunity in a high-growth area between San Francisco and Sacramento.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2003
Total area 27,108 SF
Lot 4.23 ac (184,258 SF)
Zoning code COMMERCIAL
APN 0028-123-030
UPID US09-4493035

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Electric Vehicle Charging Station
  • Car Dealership
  • Auto Repair Shop
  • Auto Parts Store
  • Corporate Office

Location

2855 Auto Mall Pkwy Fairfield, CA 94533
Fairfield metro Census 252402 VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.13M
Blend (final) Blend
$5.75M

Owner & transaction history

since 2016
6 recorded transactions
2016
$13.0M
2009
Price N/A
2009
Price N/A
2007
Price N/A
2003
Price N/A
2001
Price N/A

Zoning & alternative use

COMMERCIAL · Fairfield, CA
Top alternative use upside
Neighborhood: shopping center $7.6M +12.0%

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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