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3060 Travis Blvd 10,800 SF Retail Building Fairfield, CA 94534 $3,058,594 CAD ($283.20 CAD/SF) 6.34% Cap Rate
Executive Summary
Andersen, Jung & Co. is pleased to present the listing for a bustling Dollar Tree located at 3060 Travis Blvd in Fairfield, CA that exercised its next option at the end of 2024.
The property is comprised of 10,800 square feet and sits on over one acre of land with ample parking. Originally built in 1978, Dollar Tree renovated the property and signed a new 10-Year net lease in 2015 with Two, 5-Year Options and set rent increases at 7.5% every 5 years. Dollar Tree shares maintenance responsibilities with the neighboring Dutch Bros!
Fairfield is a booming and appreciating area with tons of development and government support. Fairfield is anchored by the highest trafficked Air Force Base in the continental United States, Travis Air Force Base. Ideally located in a dense major retail trade area full of commercial properties such as Starbucks, Wendy’s, CVS, 7-Eleven, AutoZone, McDonald’s, Taco Bell, Burger King, Jack-In-The-Box, Macy’s, Walmart, and many more. It is also less than 20 minutes from Travis Air Force Base and surrounded by residential homes for increased traffic and visitors!
Huge upside potential for any property owner regardless of investment strategy with built-in and growing income on day one!
The property is comprised of 10,800 square feet and sits on over one acre of land with ample parking. Originally built in 1978, Dollar Tree renovated the property and signed a new 10-Year net lease in 2015 with Two, 5-Year Options and set rent increases at 7.5% every 5 years. Dollar Tree shares maintenance responsibilities with the neighboring Dutch Bros!
Fairfield is a booming and appreciating area with tons of development and government support. Fairfield is anchored by the highest trafficked Air Force Base in the continental United States, Travis Air Force Base. Ideally located in a dense major retail trade area full of commercial properties such as Starbucks, Wendy’s, CVS, 7-Eleven, AutoZone, McDonald’s, Taco Bell, Burger King, Jack-In-The-Box, Macy’s, Walmart, and many more. It is also less than 20 minutes from Travis Air Force Base and surrounded by residential homes for increased traffic and visitors!
Huge upside potential for any property owner regardless of investment strategy with built-in and growing income on day one!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,800 SF
Building Class
C
Year Built/Renovated
1979/2015
Price
$3,058,594 CAD
Price Per SF
$283.20 CAD
Cap Rate
6.34%
NOI
$193,908 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.04 AC
Zoning
CC - (CC) Community Commercial District
Parking
50 Spaces (4.63 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0152-280-150 | Improvements Assessment | $2,126,262 CAD |
| Land Assessment | $911,255 CAD | Total Assessment | $3,037,517 CAD |
Property Taxes
Parcel Number
0152-280-150
Land Assessment
$911,255 CAD
Improvements Assessment
$2,126,262 CAD
Total Assessment
$3,037,517 CAD
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3060 Travis Blvd
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