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3612 Sonoma Boulevard

Vallejo, CA 94590
  • $3,600,000
  • STATUS: Active
  • ON SITE: 119 Days
  • ID#: 323921004
UPDATED: 152 min ago
$3,600,000
  • 0
    BEDS
  • 1.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,240
    SQFT
  • $253
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1974
County:
Area:

School Ratings & Info

Description

100% leased NNN Multi Tenant Retail. 7.6% Cap in place. 7% Cash on Cash. Promo financing available: 6.25% 5 years 65% LTV. Tremendous upside: 2023 Rent & CAM Increases are not included in current NOI. Priced to Sell. The Sonoma Building is a 14,240 sf strip center only 30 minutes from San Francisco. It includes a diverse mix of local e-commerce resistant shops and restaurants all in-line to a CVS Pharmacy and 99 Cent Only anchored center. The Sonoma Building is strategically located along Sonoma Blvd (21,700 VPD), the major north/south commuter thoroughfare running through the city of Vallejo. The asset is also ideally positioned adjacent to a Walmart Neighborhood Market, promoting crossover traffic to the site. Other nearby national/credit tenants include Adventist Health, US Post Office, Smart & Final, Planet Fitness, Walgreens, AutoZone, Davita's and more, further increasing consumer draw to the trade area.

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Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-02-21T23:39:48.287. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.showcaseproperties.com/homes/144723662
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3612 Sonoma Boulevard Vallejo, CA 94590

  • Price: $3,600,000
  • Status: Active
  • On Site: 119 Days
  • Updated: 152 min ago
  • ID#: 323921004
0
Beds
0
Baths
0
½ Baths
1.65
Acres
14,240
SQFT
$253
$/SQFT
1974
Built
Neighborhood:
Vallejo 4
County:
Solano
Area:
Vallejo 4
Property Description
100% leased NNN Multi Tenant Retail. 7.6% Cap in place. 7% Cash on Cash. Promo financing available: 6.25% 5 years 65% LTV. Tremendous upside: 2023 Rent & CAM Increases are not included in current NOI. Priced to Sell. The Sonoma Building is a 14,240 sf strip center only 30 minutes from San Francisco. It includes a diverse mix of local e-commerce resistant shops and restaurants all in-line to a CVS Pharmacy and 99 Cent Only anchored center. The Sonoma Building is strategically located along Sonoma Blvd (21,700 VPD), the major north/south commuter thoroughfare running through the city of Vallejo. The asset is also ideally positioned adjacent to a Walmart Neighborhood Market, promoting crossover traffic to the site. Other nearby national/credit tenants include Adventist Health, US Post Office, Smart & Final, Planet Fitness, Walgreens, AutoZone, Davita's and more, further increasing consumer draw to the trade area.
Exterior Features

Dock Doors 0 Loading None Num Of Floors 1 Parking Features Spaces Per SqftLightedCommon Area Shared Road Frontage Is AccessibleCity Street Roof Flat Total Parking Spaces 60.00 Walls Common Wall

Interior Features

Flooring Varies By Unit Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 0 Retail Sq Ft 14240 Warehouse Sq Ft 0

Property Features

Business Type RestaurantConvenience StoreBarber/Beauty Current Use RetailRestaurant Income Includes Rent Lease Deposit 0 Lease Term 6-10 Years Location Strip CenterShopping NearbyRestaurant NearbyNeighborhoodHospital NearbyFreeway NearbyBart Nearby Num Of Offices 0 Num Of Tenants 7 Property Condition Interior-GoodExterior-Good Property Subtype Retail Property Type Commercial Sale Rentable Yes Special Listing Conditions Offer As Is Structure Retail Tenant Pays WaterTrash CollectionTaxesSewerMaintenanceInsuranceGrounds CareGasElectricityCommon Area Maintenance Year Renovated 0 Zoning Cp

Metrolist MLS logo Listing provided courtesy of Alexis Mcgee Group Inc: . Listing information © 2024 MetroList Services, Inc.


Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-02-21T23:39:48.287. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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