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1833 N Texas St
Fairfield, CA 94533

$9,758,790 USD

Supermarket For Sale  •  64,919 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 64,919 SF
  • Lot Size 4.73 AC
  • Building Class C
  • Year Built 1997
  • Cap Rate 5.60 %
  • Tenancy Single
  • Zoning CT
29 Transit Score
79 Walk Score

Highlights

20 year NNN lease, tenant is responsible for taxes, insurance, maintenance, roof, and CAM’s
Fully renovated in 2023, including a newly striped & resealed parking lot, all new interior improvements, and the tenant is currently installing solar
Subject site is well below market rent at $8.42/RSF, average RSF for similar grocers in the Fairfield region range between $12-14/RSF
Food 4 Less is a leading discount super market chain with over 90 locations across California
Strategically positioned in a major retail trade area, with high VPD (19k+) passing directly in front of site on N Texas St.
Location, location, location: Surrounded by densely populated residential communities in the heart of Solano County, CA

Property Flyers

Cap Rate: 5.60 %

Major Tenants

Tenant SF Occupied Lease End Date
Food 4 Less 64,919 SF

Amenities

  • Signage
  • Tenant Controlled HVAC

Public Transportation

Commuter RailDriveWalkDistance
Suisun-Fairfield (Capitol Corridor - Capitol Corridor Joint Powers Authority) 6 min - 2.8 mi
Fairfield-Vacaville (Capitol Corridor - Amtrak) 10 min - 5.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Lior Regenstreif 818-907-9525 NNN Investment Group of Marcus & Millichap
Lior Regenstreif 818-907-9525 NNN Investment Group of Marcus & Millichap