5180 Sonoma Blvd
Vallejo, CA 94589

The Kase Group is pleased to present a rare San Francisco Bay Area Absolute NNN lease with unmatched re-development upside. The property is currently leased and guaranteed by The Home Depot (S&P Rated A Investment Grade Credit - NYSE: HD) through January 31, 2029. The subject is a part of the Northern Gateway District in the City of Vallejo. In the General Plan Update (taking place December 2016), the allowed density will be significantly increased and new commercial-office and/or residential development (as many as 50 Units Per Acre) will be allowed for the first time. A corporate campus, hotel, or other high-density mixed use development will also be allowed under the new plan, complementing the existing retail. This asset offers a unique advantage for an investor/developer to capitalize on both guaranteed rental income along with a substantial re-development opportunity in one of the most highly sought after markets in the United States. Vallejo is the largest city in Solano County, California. The population was 115,942 at the 2010 census. It is the tenth most populous city in the San Francisco Bay Area, and is located on the northeastern shore of San Pablo Bay. Vallejo is named for General Mariano Guadalupe Vallejo, a native Californio, leading proponent of California' s statehood, and one of the first members of the California State Senate; the neighboring city of Benicia is named for his wife, Francisca Benicia Carillo de Vallejo. Vallejo is home to the Six Flags Discovery Kingdom theme park, the now-defunct Mare Island Naval Shipyard, and the regional office for Region 5 of the United States Forest Service. The colleges and universities in Vallejo are California Maritime Academy, the Vallejo Center campus of Solano Community College, and Touro University California. Ferry service runs from a terminal on Mare Island Strait to San Francisco, through the BayLink division of SolTrans.