1525 Holiday Ln Local commercial 1 721 m² 100 % Loué À vendre Fairfield, CA 94534 3 458 441 € (2 009,19 €/m²) Taux de capitalisation 6 %

Northmarq National Sale Leaseback Group is pleased to present to qualified investors the opportunity to acquire the fee simple interest in the Meineke Car Care Center, located at 1525 Holiday Lane in Fairfield, California. Located with excellent visibility from Interstate 80, the property rests in the greater San Francisco-Sacramento MSA and consists of two buildings totaling 18,528 square feet. The entire property is currently master leased to a top-performing Meineke franchisee, operating in 23 locations across four states. The franchisee occupies the primary service facility and subleases additional space on the property to other in-place tenants, providing additional rental income and long-term upside potential. The tenant will enter an absolute NNN, 10-year sale leaseback with two, 5-year options and 10% increases every five years. The subject property is well positioned in a dense retail corridor at the Travis Blvd intersection, and is surrounded by national retailers such as Burger King, BevMo!, Dollar Tree, and Taco Bell, amongst others.
In Association With:
Ronnie Givargis
CA Broker #01363135