Strategic Retail Location in Vallejo, CA 765 Sereno Dr 28 124 pi² Commerce de détail Immeuble Vallejo, CA 94589 8 330 341 $ CAD (296,20 $ CAD/pi²) 6,10% Taux de capitalisation

This fully leased single-tenant retail property at 765 Sereno Drive presents a secure investment anchored by 168 Market, a grocery concept under Tawa Supermarket, Inc.—operator of the 99 Ranch Market banner. The asset benefits from an Absolute NNN lease structure, eliminating landlord responsibilities and providing truly passive income. Current base rent of $360,000 includes scheduled 10% escalations every five years, creating a stable and predictable growth trajectory.
The tenant's corporate guarantor, Tawa Supermarket, Inc., operates over 65 locations nationwide and generates approximately $5 billion in annual revenue, reflecting significant financial stability. Positioned on a 2.57-acre parcel with strong frontage along Sereno Drive in Vallejo, the property enjoys strong consumer traffic and excellent regional connectivity. Vallejo’s location in the northeast Bay Area, proximal to Interstate 80 and State Route 37, offers easy access to San Francisco, Oakland, and Sacramento, appealing to both local and regional customers.
This offering provides a compelling opportunity to acquire an internet-resistant, essential-use grocery tenant with zero owner obligations and long-term income security.