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Shopping Strip

531-537 Georgia Street

531 Georgia St, Vallejo, CA 94590

Listing Price: $899,000

Cap Rate
5.74%
Gross SF
4,269
Rentable SF
4,269
Price/Gross SF
$210.59
Lot Size
0.15 acres
Year Built
1981

Investment Overview

537 Georgia Street is a fully leased ±4,269 square-foot retail building located in the heart of Downtown / Old Town Vallejo. The property is 100% occupied by three complementary, service-oriented tenants—Lucky Spa, Dash Hair Salon, and King’s Events—providing immediate, stabilized cash flow with a diversified rent roll.

The building generates consistent cash flow, with 3% annual rent increases across all tenants. Lease expirations are staggered through 2027–2029, providing reduced rollover risk.

Situated along the Georgia Street corridor near the Vallejo Ferry Terminal, the property benefits from strong local patronage, walkability, and transit connectivity to Downtown San Francisco. The small-bay infill retail format and attractive in-place rents averaging $1.52/SF/month provide an appealing entry point for private investors and 1031 exchange buyers seeking stable income with future rent growth potential in a downtown setting.

Investment Highlights

  • Downtown/Old Town Vallejo Core - Georgia Street Corridor
  • Four Blocks from the Ferry Terminal
  • Value-Add through Converting to NNN as Leases Rollover / Mark-to-Market Rents
  • Opportunity to Build out Space for Live-Work and/or Multifamily Units

Exclusively Listed By

Shopping Strip

531-537 Georgia Street

Listing Price: $899,000

Cap Rate
5.74%
Gross SF
4,269
Rentable SF
4,269
Price/Gross SF
$210.59
Lot Size
0.15 acres
Year Built
1981

Investment Highlights

  • Downtown/Old Town Vallejo Core - Georgia Street Corridor
  • Four Blocks from the Ferry Terminal
  • Value-Add through Converting to NNN as Leases Rollover / Mark-to-Market Rents
  • Opportunity to Build out Space for Live-Work and/or Multifamily Units

Investment Overview

537 Georgia Street is a fully leased ±4,269 square-foot retail building located in the heart of Downtown / Old Town Vallejo. The property is 100% occupied by three complementary, service-oriented tenants—Lucky Spa, Dash Hair Salon, and King’s Events—providing immediate, stabilized cash flow with a diversified rent roll. The building generates consistent cash flow, with 3% annual rent increases across all tenants. Lease expirations are staggered through 2027–2029, providing reduced rollover risk. Situated along the Georgia Street corridor near the Vallejo Ferry Terminal, the property benefits from strong local patronage, walkability, and transit connectivity to Downtown San Francisco. The small-bay infill retail format and attractive in-place rents averaging $1.52/SF/month provide an appealing entry point for private investors and 1031 exchange buyers seeking stable income with future rent growth potential in a downtown setting.

Exclusively Listed By

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