1615 W Texas St
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1615 W Texas St
5,163 SF 100% Leased Office Building Fairfield, CA 94533 $888,000 ($172/SF) 6.50% Cap Rate
Executive Summary
Welcome to this great location in Fairfield.
This property offers an outstanding investment opportunity with its ideal location and excellent immediate rental income. 6 Units - Office/Retail building with plenty of parking located behind Fairfield's best donut shop -Jelly Donut-! Close to I-80 and downtown main area, Superior Court, City Hall, Solano Mall and Travis AFB.
This property offers an outstanding investment opportunity with its ideal location and excellent immediate rental income. 6 Units - Office/Retail building with plenty of parking located behind Fairfield's best donut shop -Jelly Donut-! Close to I-80 and downtown main area, Superior Court, City Hall, Solano Mall and Travis AFB.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,163 SF
Building Class
C
Year Built
1970
Price
$888,000
Price Per SF
$172
Cap Rate
6.50%
NOI
$57,720
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,163 SF
Building FAR
0.23
Lot Size
0.51 AC
Zoning
Office/Service - Professional and Retail Personal Services
Parking
30 Spaces (5.81 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Central Heating
- Demised WC facilities
- Drop Ceiling
- Air Conditioning
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Walk Score ®
Very Walkable (78)
PROPERTY TAXES
Parcel Number | 0031-181-200 | Improvements Assessment | $443,700 |
Land Assessment | $244,800 | Total Assessment | $688,500 |
PROPERTY TAXES
Parcel Number
0031-181-200
Land Assessment
$244,800
Improvements Assessment
$443,700
Total Assessment
$688,500
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C21 Real Estate Alliance
1615 W Texas St
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