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1 Rancho Sq 23,541 SF 100% Leased Retail Building Vallejo, CA 94589 $7,655,085 CAD ($325.18 CAD/SF) 6.83% Cap Rate

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Investment Highlights

Located on high traffic Highway 29/Sonoma Blvd corridor
Plenty of parking

Upside for additional rental income and building additional pad

Executive Summary

Commercial Retail strip shopping center for sale with upside! Located on the high traffic Highway 29/Sonoma Blvd corridor at the signalized intersection of Mini Drive. 3 Tenants: Dollar Tree and Cost Rite Furniture occupy the 23,541sf Anchor Building, and a busy taco truck in the parking lot. Upside includes an LOI from an electric vehicle charging station company for $5,000 per month, and the opportunity to build an additional pad up to +/- 5,000sf.

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

23,541 SF

Building Class

Year Built

1968

Price

$7,655,085 CAD

Price Per SF

$325.18 CAD

Cap Rate

6.83%

NOI

$522,630 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.20

Lot Size

2.71 AC

Zoning

CC - Community Commercial

Parking

125 Spaces (5.31 Spaces per 1,000 SF Leased)

Frontage

217’ on Highway 29/Sonoma Blvd

Bus Line
Signage

Signalized Intersection
Skylights

Monument Signage

Air Conditioning

Cost Rite Furniture
-
99,999 SF
-
Lorem Ipsum
-

Retailer
99,999 SF
-
Lorem Ipsum
-

Dollar Tree began in 1986 as Only $1.00, building on earlier variety-store and toy-retail roots in Virginia. The company later adopted the Dollar Tree name and grew into a value retailer focused on everyday essentials, seasonal merchandise, and discovery-oriented shopping. Current offerings include housewares, cleaning supplies, candy, snacks, food, health and beauty products, toys, gifts, stationery, craft and party supplies, books, and seasonal décor. The business also sells through its digital channels, including case-pack ordering, store pickup, home delivery, and same-day local delivery from participating store locations.