Listed by Minh Tran • Minh Tran, Broker
-
Active
1420 Travis Boulevard Fairfield, CA 94533
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UPDATED:
11/24/2024 06:02 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
MLS Listing ID PW-22063801
Property Description
o Former Sears Building, 151,257 SF (approx) at the Solano Town Center Mall locates in Fairfield, CA. o The Property sits on an 8.65 acre parcel, with 707 Parking Spaces, and it can be used as the retail/commercial center. o Ground Floor: 49,038 SF (26,469 SF leased), $1.75/SF/Month) 2nd Floor: 47,087 SF (Vacant), $1.25/SF/Month 3rd Floor: 50,938 SF (Vacant), $0.99/SF/Month Common Area: 4,194 SF o A well known fast food chain, Raising Cane's has recently signed a 15 year ground lease with three five year options to renew. This provides an increase in foot traffic near the Property. o The Property is strategically positioned adjacent to I-80 Freeway (209,509 vehicles per day) just north of the I-8 Freeway (160,000+ cars per day) Interchange providing unparalleled visibility and access. The Property is located on Travis Blvd (45,220 vehicles per day), one of the primary East-West thoroughfare through Fairfield. o The Property is located adjacent to I-80 Freeway, which connects two major cities, San Francisco and Sacramento benefits from being directly connected to the Solano Town Center mall, with 1.02M visitors annually. o The demographics surrounding the Property are some of the best in the region, with over 98,500 people and average household incomes exceeding $83,000 within a 3-mile radius. o Supply-constrained, in-fill trade area with extremely limited sites available for future development creating high barriers to entry, securing the center's long-term growth and success.
Location
State CA
County Solano
Building
Lot Description 0-1 Unit/Acre