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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



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
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
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
| Parcel Number | 0170-200-040 | Improvements Assessment | $2,353,279 CAD |
| Land Assessment | $421,495 CAD | Total Assessment | $2,774,774 CAD |
Property Taxes
Parcel Number
0170-200-040
Land Assessment
$421,495 CAD
Improvements Assessment
$2,353,279 CAD
Total Assessment
$2,774,774 CAD
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Hertz | 1950 Walters Ct
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