2855 Auto Mall Pkwy Fairfield, CA 94533
- Automotive properties
- 27,108 SF
- 4.23 lot acres
Current Use by Public Records
- ChargePoint Charging Station / Electric Vehicle Charging Station
- Audi Napa Valley / Audi Dealer / Auto Broker
- Audi Service Center / Auto Repair Shop / Mechanic
- Audi Parts Center / Auto Body Parts Supplier / Auto Parts Market
- Info Car & Property Donation Shipping / Corporate Office
Property Details for 2855 Auto Mall Pkwy
- Year built
- 2003
- Lot size
- 4.23 lot acres
- Property size
- 27,108 SF
- Zone code
- COMMERCIAL
- Property type
- Automotive properties
- APN
- 0028-123-030
- APU
- 28123030
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $950,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Solano
- State
- California
- Longitude
- -122.081
- Latitude
- 38.2422
- CBSA code
- 46700
- CBSA name
- VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA