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Hertz 1950 Walters Ct 21,013 SF 100% Leased Retail Building Fairfield, CA 94533 $7,717,857 CAD ($367.29 CAD/SF) 6.23% Cap Rate

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Investment Highlights

  • Single-Tenant Net Lease Investment – Fully leased to Crash Champions, a national, growing brand with over 650 collision repair locations
  • Below-Market Rent – In-place rent of $12.61/SF, offering long-term upside and downside protection relative to replacement cost and market rents
  • Additional Income Opportunity – Seller offering the east-adjacent±1.06-acre parking lot with a ±3-year leaseback at $7,500/month
  • Attractive NN+ Lease Structure – ±5.4 years of lease term remaining with2.0% annual rent escalations, providing steady income growth
  • Large Industrial Parcel – ±21,013 SF building situated on ±1.05 acres, well-configured for collision repair, fleet service, or automotive uses
  • Strong Municipal Service Tenant – Adjacent lot occupied by Roadrunner Towing, operating under a 3-year service contract with the City

Executive Summary

Broker of Record
David Harrington
License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
21,013 SF
Building Class
C
Year Built
2002
Price
$7,717,857 CAD
Price Per SF
$367.29 CAD
Cap Rate
6.23%
NOI
$480,645 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
2.11 AC
Zoning
INDUSTRIAL

Property Taxes

Property Taxes

Parcel Number
0170-200-040
Land Assessment
$421,495 CAD
Improvements Assessment
$2,353,279 CAD
Total Assessment
$2,774,774 CAD
  • Listing ID: 39255011

  • Date on Market: 2026-01-29

  • Last Updated:

  • Address: 1950 Walters Ct, Fairfield, CA 94533

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