Print this page

Sun Ridge Plaza - Vacaville, CA

Sun Ridge Plaza is a well-maintained commercial property that was designed to offer their tenants excellent visibility from Highway 80 with a reported daily traffic count of 177,000.


Newly constructed in 1989, the property enjoys 100 percent occupancy and is anchored by the Department of Motor Vehicles (“DMV”) and Blake Austin College that combined occupies over 65 percent of the center. The other tenants consist of Kings Buffet that has been a tenant for over nine years and Matthews Mattress, a successful mattress retailer that has been a tenant for over 15 years and operates six locations throughout Northern California.


Blake Austin College is an adult education program that has been in existence since 1996 with classes available in beauty, medical, alternative healing and dental. They offer their students state-of-the-art equipment, in a modern hands-on learning environment with highly experienced instructors. Their Beauty Academy is located in another Vacaville campus. 

 

Sun Ridge Plaza is located adjacent to Vacaville Auto Mall which includes a Nissan, Chrysler, Toyota, Buick/GMC, Volkswagon, Honda and Chevrolet automobile dealerships, and down the street a Home Depot and Kohl's that draws traffic by the subject property. New industry growth is evident on the north side of Highway 80 visible from the subject property which includes a +/-435,000 square foot State of California Compensation Insurance Fund campus that will employ +/1,200 people when fully built out.


The city of Vacaville is situated in northern part of Solano County, midway between San Francisco and Sacramento. The city’s rich history has transformed the community from a small agricultural town into a thriving and progressive city; now a diverse population of over 92,000 residents. 

 

Residents and visitors enjoy some of the best shopping in the area with a thriving retail district along Interstate 80 that includes Vacaville Premium Outlets, one of the large factory outlet complexes in California. (120+ stores with over seven million visitors per year) This factory outlet center is located approximately 1.5 miles from the subject property.

 

This property offers an investor attractive cash flow from the existing seasoned tenant’s with an attractive price at less than $192 per square foot for the building improvements. 

Additional Info

  • Address: : 601, 611, & 621 Orange Drive Vacaville, CA 95687
  • Price: : $7,657,000
  • Net Rentable Area: : 42,394
  • Lot Size (Acres): : 3.588
  • CAP Rate: : 8.11%
  • Price Per Sqft: : $185.99
  • NOI: : $623,762
  • Year Built: : 1989
  • Status: : Available