Retail    

Recreational Sporting Store

 Vacaville, California

Asking Price

$3,385,000

Cap Rate

8.22%

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Expenses

NNN

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Avg HHI (5-Mi)

$121,691

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Renewal Options

2, 5-year options

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Rent Increases

2.5% Annually

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Pricing

PPSF Bldg: $171.98 PPSF Land: $70.64

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • 2.5% Annual Rent Increase | Strong Sales | Following the upcoming rent increase, list price boasts a 8.42% cap rate.
  • NNN Lease with No Landlord Responsibilities | Tenant has 2 locations (the other located in Dublin, CA) and has occupied the Vacaville location since building completion in 2003. Operating under a NNN Fee Simple lease since 2019, the landlord can enjoy passive income from a long-term, family-run operation.
  • Visibility from I-80 | ±70 Million Annualized Traffic Count | Guns, Fishing & Other Stuff backs up to the I-80 Dwight Eisenhower Highway, giving great visibility to the ±192,000 vehicles per day or estimated 70 million vehicles traveling annually.
  • Synergistic Location | Bustling Retail Corridor | The Property is situated 0.4 miles from Walmart, with neighboring national tenants including Starbucks, McDonald’s, Jack-in-the-Box, Taco Bell, 76 Gas & Car Wash, and the Property is within 1 mile of four shopping centers with additional well known tenants, creating a synergistic location for all retail tenants alike.
  • Mission-Critical Location | The asset is strategically located near five hunting preserves in the area for experienced and beginner hunters, exposing it directly to their targeted industry.

Exclusively Listed By

Russell Freeman

Investment Sales Analyst
  rfreeman@northmarq.com   

In Association With
Milo Spector

CA Broker #01959221

Northmarq

100 Pringle Ave, Suite 320
Walnut Creek, CA 94596


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