3060 Travis Blvd Fairfield, CA 94534-3443

This exceptional investment opportunity presents a 10,800 sq ft Dollar Tree in Fairfield, CA, on a 1.04-acre lot with 50 parking spaces. Built in 1978 and renovated in 2015, the property boasts a 15-year Net Lease (NN+) with a credit-rated corporate guarantor, expiring June 30, 2030, with a remaining term of 5.6 years. The lease includes 7.5% rent bumps every five years and one 5-year option. The property generates a strong NOI of $132,300, with a price per square foot of $268.52. Located in a high-traffic retail area near Travis Air Force Base and surrounded by numerous national brands and residential areas, this property offers significant upside potential. The property is zoned CC: Community Commercial District and preliminary discussions with Fairfield Planning suggest potential for subdivision, subject to zoning and easement considerations, requiring tenant approval. This fee-simple ownership offers a hands-off, passive income stream with limited landlord responsibilities (roof and structure). The tenant, Dollar Tree, is responsible for common area maintenance (CAM), creating a highly attractive investment opportunity in a rapidly growing area. The property's location within Fairfield's thriving commercial district, coupled with the long-term lease and built-in rent increases, makes this a compelling investment prospect. The property's strong tenant, prime location, and potential for future development combine to create a unique opportunity for significant returns.