Fairfield, CA 94533 1360 Travis Boulevard
$2,900,000
4 more
Presented By: Minh Tran with Minh Tran, Broker; 714-353-3870
- MLS# PW24057821
- 03/22/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
SQFT • 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
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 1360 Travis Boulevard
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.66
Carport Y/NNo
CityFairfield
CountySolano
Current FinancingConventional
DirectionsTravis/Pennsylvania
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsExchange1031
Lot Size Square Feet31363.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income135000.0
New ConstructionNo
Occupancy TypeTenant
Open Parking Spaces700.0
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
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected
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 FeaturesTwoToFiveUnitsAcre, SprinklerSystem
Lot Size Acres0.72
Lot Size Area31363.0
Lot Size SourceBuilder
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking700.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate