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Fairfield, CA 94533 1360 Travis Boulevard

$3,000,000

1360 Travis Boulevard Fairfield, Ca - Image 11360 Travis Boulevard Fairfield, Ca - Image 21360 Travis Boulevard Fairfield, Ca - Image 3
Presented By: Minh Tran with Minh Tran, Broker; 714-353-3870
  • MLS# PW24057821
  • 03/22/2024
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  • FootageSQFT • 3,331

Home Details

Brand New Built Drive Through Raising Cane's restaurant, 2024, for sale the fee simple ground lease interest. Located at Solano Town Center, Fairfield, California. Corporate Guarantee from one of the top QSR chains. Raising Cane's chicken empire has 749 + locations and ranked among the best and most profitable quick service restaurants. This raising Cane's is equipped with the company's latest prototype design with it's new dual lane drive-thru, offering convenient and faster service. Long term net lease structure with zero landlord responsibility, 15 year prime lease, 3 five year options, and 1 four year renewal option. The lease offers 10% rental escalations every five years.
Presented By: Minh Tran with Minh Tran, Broker; 714-353-3870

Interior Features for 1360 Travis Boulevard

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixBoulevard
Total Stories1

Other Rooms

Entry Level1

General for 1360 Travis Boulevard

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.5
Carport Y/NNo
CityFairfield
CountySolano
Current FinancingConventional
Days on Market29
DirectionsTravis/Pennsylvania
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsItem1031Exchange
Lot Size Square Feet31363.0
MobileHomeRemainsYNNo
Net Operating Income135000.0
New ConstructionNo
Occupancy DescriptionTenant
Open Parking Spaces700.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameTravis
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected
View Y/NNo
Waterfront Y/NNo
Year Built2024
Year Built SourceBuilder

Exterior for 1360 Travis Boulevard

Building Area Total3331.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre, SprinklerSystem
Lot Size Acres0.72
Lot Size Area31363.0
Lot Size SourceBuilder
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking700.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,000,000
MLS#PW24057821
List Date 03/22/2024
Property Type Commercial
Phone 714.964.3311
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*According to the National Association of Realtors