Seri Bryant

Associate

818.212.2655

"

The quality of your thinking determines the quality of your life. "

Danny Abergel

Senior Associate

CA BRE: 01797904

818.212.2715

"

Beware of the little expenses. A small leak can sink a great ship."

Rebekah Snyder

Senior Research Analyst

818.212.2731

"

Two things define you. Your patience when you have nothing, and your attitude when you have everything."

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Kathy Magallanes

Certified Agent Support Specialist

"

Success is not in what you have, but who you are."

Andrea Tuch

Marketing Manager

818.212.2660

"

The highest form of wisdom is kindness."

Hunter Stratton

Associate

CA BRE:

818.212.2730

Hunter Stratton is the newest member of the NNN team. He started his career as an award-winning sales representative and sales manager for Southern Glazer’s Wine & Spirits. Where he represented some of the most prestigious brands in the industry like Dom Perigon, Jonnie Walker, and Don Julio. Due to Covid-19 he was forced to change careers and started working in residential real estate, working directly with one of the top agents in the Coachella Valley, California. Hunter’s natural ability to build trusting relationships, his motivation to succeed, and his innate customer service skills are an asset to brokerage.

When Hunter isn’t working you can find him at the golf course, fishing, or playing with his dog Harlow.

"

You must expect great things of yourself before you can do them. "

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Food 4 Less

1833 North Texas Street, Fairfield, CA 94533, USA

Price:
$10,214,800
CAP Rate:
5.35%
NOI:
$546,492
Net Rentable Area:
64,919 SF
Lot Size:
4.73 Acres
Year Built:
1997/2023
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • New 20 year NNN lease, tenant is responsible for taxes, insurance, maintenance, roof, and CAM’s
  • Fully renovated in 2023, including a newly striped & resealed parking lot, all new interior improvements, and the tenant is currently installing solar
  • Regular 8% increases every 5 years to hedge against inflation
  • Food 4 Less is a leading discount super market chain with over 90 locations across California
  • Strategically positioned in a major retail trade area, with high VPD (19k+) passing directly in front of site on N Texas St.
  • Subject site is well below market rent at $8.42/RSF, average RSF for similar grocers in the Fairfield region range between $12-14/RSF.
  • Fairfield is a densely populated city in Solano County, CA, the subject site is surrounded by dense residential areas and over 124,000 residents within 5 miles

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GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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