Shopping Neighborhood
Shops at Sonoma
3612 -3672 Sonoma Blvd, Vallejo, CA 94590
Listing Price: $4,764,000
Investment Overview
Marcus & Millichap is pleased to present 3612-3672 Sonoma Boulevard, Vallejo, California, a 14,240-square-foot daily needs shopping center strategically positioned in one of the North Bay’s strongest growth markets. This investment offers stable, diversified cash flow with significant upside potential. Boasting 234 feet of frontage along Sonoma Blvd (Highway 29)—Vallejo’s primary retail and commuter corridor—the property enjoys combined exposure to over 40,000 vehicles per day (vehicles per day) at Sonoma Boulevard and Redwood Street. Tenants benefit from excellent visibility, multiple ingress and egress points, and proximity to high-volume national retailers including Walmart Neighborhood Market, Target, and Home Depot.
The surrounding trade area supports over 151,000 residents within a five-mile radius, with population growth projected at 5.2 percent over the next five years. A average household income of $115,352 fuels robust retail spending, while ongoing residential development—including the 5150 Sonoma Boulevard project, adding 400 new homes—continues to expand the customer base. Vallejo’s economy is further strengthened by a diversified employment base including Amazon (American Canyon and Vacaville), Kaiser Permanente, Union Pacific, Touro University, and a range of new industrial, residential, and life sciences employers at the Mare Island redevelopment. The city also serves as a retail and commuter hub for Solano, Napa, and Contra Costa counties, with ferry service providing direct access to San Francisco, increasing both daytime and visitor traffic.
Fully leased, the center produces a 7.00 percent in-place CAP rate. Its diverse tenant mix—including QSR/dining (29 percent), professional services (34 percent), and medical (six percent)—ensures income stability, while in-place rents at $2.39 price per square foot per month remain approximately 20 percent below market, offering immediate rent growth potential. The property also provides 60 dedicated parking stalls, with access to an additional 333 stalls within the broader shopping center, accommodating high customer volume. 3612-3672 Sonoma Boulevard presents investors with a rare opportunity to acquire stable income, capitalize on future rent growth, and benefit from long-term appreciation potential in a high-traffic, supply-constrained market at the gateway to the Bay Area’s most dynamic employment and housing corridors.
Shops at Sonoma
Investment Highlights
- Prime Visibility & Frontage – 234 Feet Along Sonoma Boulevard, Benefiting from ±25,000 Vehicles Per Day.
- High-Traffic Area – Strong Exposure With ±40,000 Vehicles Per Day on Sonoma Boulevard and Redwood Street.
- Retail Anchors Nearby – Next door to Walmart Neighborhood Market and Near National Retailers Including Target, Home Depot, and Grocery Outlet, Driving Cross-Shopping Traffic.
- Expanding Residential Growth – Nearby to Vallejo Waterfront Master Plan, a Pedestrian-Friendly Mixed-Use Redevelopment, and 5150 Sonoma Blvd, a 12.6-Acre, 400-Home Development. | Growing Population – Vallejo Boasts a Population of Over 122,000, With Significant Commuting to the Greater Bay Area, Indicating a Strong Local Workforce and Growing Consumer Base.
- Strong Demographics & Spending Power – Over 151,000 Residents Within a Five-Mile Radius. A $115,352 Average Household Income Within Five Miles Supports Strong Retail Demand, Making Vallejo a Prime Market for Investment and Expansion.
- Excellent Accessibility – Positioned on a Signalized Intersection With Multiple Ingress and Egress Points. Close to the Vallejo Ferry Terminal Offering Direct Service to San Francisco, Increasing Daytime Population and Visitor Traffic. | Prime Transportation & Retail Growth – Easy Access to Interstate 80 and I-780, Connecting to the Broader Bay Area. Vallejo Serves as a Retail Trade Hub for Solano County and a Gateway for Napa and Contra Costa County Commuters.
- Strategic Employment & Economic Hub – Vallejo Benefits from Major Employers like Amazon (American Canyon & Vacaville), Union Pacific, Kaiser Permanente, Touro University, Mare Island Employers, and Six Flags Discovery Kingdom, Driving a Strong and Diversified Workforce. Its Economy Thrives in Logistics, Healthcare, Education, Biotech, and Retail.
- Economic Development – City Initiatives, Such as the Waterfront Project and the Major Mare Island Redevelopment by Southern Land Company (Targeting Mixed-Use, Residential, and Tech-Focused Commercial), Signal Continued Growth and Long-Term Real Estate Demand.
Listing Price: $4,764,000
Investment Highlights
- Prime Visibility & Frontage – 234 Feet Along Sonoma Boulevard, Benefiting from ±25,000 Vehicles Per Day.
- High-Traffic Area – Strong Exposure With ±40,000 Vehicles Per Day on Sonoma Boulevard and Redwood Street.
- Retail Anchors Nearby – Next door to Walmart Neighborhood Market and Near National Retailers Including Target, Home Depot, and Grocery Outlet, Driving Cross-Shopping Traffic.
- Expanding Residential Growth – Nearby to Vallejo Waterfront Master Plan, a Pedestrian-Friendly Mixed-Use Redevelopment, and 5150 Sonoma Blvd, a 12.6-Acre, 400-Home Development. | Growing Population – Vallejo Boasts a Population of Over 122,000, With Significant Commuting to the Greater Bay Area, Indicating a Strong Local Workforce and Growing Consumer Base.
- Strong Demographics & Spending Power – Over 151,000 Residents Within a Five-Mile Radius. A $115,352 Average Household Income Within Five Miles Supports Strong Retail Demand, Making Vallejo a Prime Market for Investment and Expansion.
- Excellent Accessibility – Positioned on a Signalized Intersection With Multiple Ingress and Egress Points. Close to the Vallejo Ferry Terminal Offering Direct Service to San Francisco, Increasing Daytime Population and Visitor Traffic. | Prime Transportation & Retail Growth – Easy Access to Interstate 80 and I-780, Connecting to the Broader Bay Area. Vallejo Serves as a Retail Trade Hub for Solano County and a Gateway for Napa and Contra Costa County Commuters.
- Strategic Employment & Economic Hub – Vallejo Benefits from Major Employers like Amazon (American Canyon & Vacaville), Union Pacific, Kaiser Permanente, Touro University, Mare Island Employers, and Six Flags Discovery Kingdom, Driving a Strong and Diversified Workforce. Its Economy Thrives in Logistics, Healthcare, Education, Biotech, and Retail.
- Economic Development – City Initiatives, Such as the Waterfront Project and the Major Mare Island Redevelopment by Southern Land Company (Targeting Mixed-Use, Residential, and Tech-Focused Commercial), Signal Continued Growth and Long-Term Real Estate Demand.
Investment Overview
Marcus & Millichap is pleased to present 3612-3672 Sonoma Boulevard, Vallejo, California, a 14,240-square-foot daily needs shopping center strategically positioned in one of the North Bay’s strongest growth markets. This investment offers stable, diversified cash flow with significant upside potential. Boasting 234 feet of frontage along Sonoma Blvd (Highway 29)—Vallejo’s primary retail and commuter corridor—the property enjoys combined exposure to over 40,000 vehicles per day (vehicles per day) at Sonoma Boulevard and Redwood Street. Tenants benefit from excellent visibility, multiple ingress and egress points, and proximity to high-volume national retailers including Walmart Neighborhood Market, Target, and Home Depot. The surrounding trade area supports over 151,000 residents within a five-mile radius, with population growth projected at 5.2 percent over the next five years. A average household income of $115,352 fuels robust retail spending, while ongoing residential development—including the 5150 Sonoma Boulevard project, adding 400 new homes—continues to expand the customer base. Vallejo’s economy is further strengthened by a diversified employment base including Amazon (American Canyon and Vacaville), Kaiser Permanente, Union Pacific, Touro University, and a range of new industrial, residential, and life sciences employers at the Mare Island redevelopment. The city also serves as a retail and commuter hub for Solano, Napa, and Contra Costa counties, with ferry service providing direct access to San Francisco, increasing both daytime and visitor traffic. Fully leased, the center produces a 7.00 percent in-place CAP rate. Its diverse tenant mix—including QSR/dining (29 percent), professional services (34 percent), and medical (six percent)—ensures income stability, while in-place rents at $2.39 price per square foot per month remain approximately 20 percent below market, offering immediate rent growth potential. The property also provides 60 dedicated parking stalls, with access to an additional 333 stalls within the broader shopping center, accommodating high customer volume. 3612-3672 Sonoma Boulevard presents investors with a rare opportunity to acquire stable income, capitalize on future rent growth, and benefit from long-term appreciation potential in a high-traffic, supply-constrained market at the gateway to the Bay Area’s most dynamic employment and housing corridors.
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