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Shopping Strip

North Point Shopping Center

1700 N 1st St, Dixon, CA 95620

Listing Price: $3,900,000

Cap Rate
6.50%
Gross SF
20,000
Rentable SF
20,000
Price/Gross SF
$195.00
Lot Size
1.84 acres
Year Built
2007

Investment Overview

Marcus & Millichap proudly presents a 20,000-square-foot, multi-tenant retail investment opportunity in Dixon, California. Built in 2007, the property is 100% leased, with a solar tenant on the roof generating additional income—all tenants are on NNN leases, ensuring a stable revenue stream.

Strategically located on North 1st Street (19,000 VPD), the property offers excellent visibility along Dixon's busiest thoroughfare. Its prime location is further enhanced by its proximity to Interstate 80, just one mile away, providing convenient access for over 135,000 vehicles per day traveling toward major markets such as Sacramento and San Francisco.

Two significant leases have recently been signed: a 10-year NNN lease with a strong Mountain Mike's franchisee and a 10-year lease with King Energy, which utilizes the expansive roof area. These leases add additional stability and income to the property.

Dixon has experienced substantial growth in recent years, driven by numerous new residential developments that have added hundreds of homes. The Lincoln Square housing development, located just across the street, will add 186 single-family homes by 2026. This growth reflects the town's expanding population and positions the property within a thriving, dynamic community. Residents benefit from local amenities and convenient access to major metropolitan areas like Sacramento and the Bay Area.

Acquiring this property offers a unique blend of stability, strategic location, and growth potential. With a prime position, a strong tenant mix, and Dixon’s flourishing community, this opportunity is poised for continued success.

Investment Highlights

  • 100% LEASED- Each Tenant is on a NNN Lease with Staggered Lease Expirations | Many Leases Include Annual Rent Increases, Providing Year-Over-Year Income Growth
  • NEW HOME DEVELOPMENT – The Lincoln Square is a 13.5-acre, mixed-use community located across the street, consisting of 186 single-family homes, new retail, and a community park.
  • 20,000-Square-Foot, Retail Center in the growing City of Dixon, CA offered below replacement cost at $205 a SQ FT.
  • Positioned directly off North 1st Street (19,000 VPD) and minutes from I-5 (130,000 VPD). Located in Dixons busiest retail corridor, attracting high traffic from surrounding national retailers. The property tenants benefit from highly visible monumental street signage.
  • Noteworthy Retailers in Close Proximity Include Walmart, Tractor Supply, AutoZone, Chipotle, Starbucks, Panda Express, O'Reilly and Wendys.

Exclusively Listed By

Shopping Strip

North Point Shopping Center

Listing Price: $3,900,000

Cap Rate
6.50%
Gross SF
20,000
Rentable SF
20,000
Price/Gross SF
$195.00
Lot Size
1.84 acres
Year Built
2007

Investment Highlights

  • 100% LEASED- Each Tenant is on a NNN Lease with Staggered Lease Expirations | Many Leases Include Annual Rent Increases, Providing Year-Over-Year Income Growth
  • NEW HOME DEVELOPMENT – The Lincoln Square is a 13.5-acre, mixed-use community located across the street, consisting of 186 single-family homes, new retail, and a community park.
  • 20,000-Square-Foot, Retail Center in the growing City of Dixon, CA offered below replacement cost at $205 a SQ FT.
  • Positioned directly off North 1st Street (19,000 VPD) and minutes from I-5 (130,000 VPD). Located in Dixons busiest retail corridor, attracting high traffic from surrounding national retailers. The property tenants benefit from highly visible monumental street signage.
  • Noteworthy Retailers in Close Proximity Include Walmart, Tractor Supply, AutoZone, Chipotle, Starbucks, Panda Express, O'Reilly and Wendys.

Investment Overview

Marcus & Millichap proudly presents a 20,000-square-foot, multi-tenant retail investment opportunity in Dixon, California. Built in 2007, the property is 100% leased, with a solar tenant on the roof generating additional income—all tenants are on NNN leases, ensuring a stable revenue stream. Strategically located on North 1st Street (19,000 VPD), the property offers excellent visibility along Dixon's busiest thoroughfare. Its prime location is further enhanced by its proximity to Interstate 80, just one mile away, providing convenient access for over 135,000 vehicles per day traveling toward major markets such as Sacramento and San Francisco. Two significant leases have recently been signed: a 10-year NNN lease with a strong Mountain Mike's franchisee and a 10-year lease with King Energy, which utilizes the expansive roof area. These leases add additional stability and income to the property. Dixon has experienced substantial growth in recent years, driven by numerous new residential developments that have added hundreds of homes. The Lincoln Square housing development, located just across the street, will add 186 single-family homes by 2026. This growth reflects the town's expanding population and positions the property within a thriving, dynamic community. Residents benefit from local amenities and convenient access to major metropolitan areas like Sacramento and the Bay Area. Acquiring this property offers a unique blend of stability, strategic location, and growth potential. With a prime position, a strong tenant mix, and Dixon’s flourishing community, this opportunity is poised for continued success.

Exclusively Listed By

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