435 Executive Court North
Owner-user or investment light industrial/flex building with I-80 freeway access
Marketing description
Fairfield Executive Court is part of a planned development which was constructed between 1997 and 1998. When originally developed, the project was comprised of two phases, Executive Court North, and Executive Court South. The subject property is situated in the Executive Court North portion of the overall development which includes five buildings totaling some 81,182 square feet on two parcels of combined area of approximately 7.68 acres. The subject property, 435 Executive Court North enjoys a parklike setting at the rear of the overall site and adjacent to an attractive water feature. There is ample parking for employees and visitors to business’s within the development.
Currently, Executive Court North is in the process of subdividing the overall project from its current two-parcel configuration into five separate parcels, one for each building, with a sixth parcel dedicated to common areas and parking. All engineering has been completed and is a part of the seller’s application to the City of Fairfield for approval of the lot line revisions. As with any planned development, all of Fairfield Executive Court operate under conditions, covenants, and restrictions (“CC&R’s”). The Executive Court North phase CC&R’s are being updated to reflect the contemplated lot line adjustments.
Investment highlights
Easy access to Interstate 80.
A wide variety of goods and services nearby.
Ample power and other building infrastructure.
Parklike setting.
Dramatically lowers occupancy costs vs. leasing equivalent flex, light industrial, or warehouse space in the Fairfield submarket.
This offering presents a business owner with the opportunity to acquire an asset well suited to its business without using an inordinate amount of operating capital. Using SBA-504 financing, an owner-user can acquire 435 Executive Court North with as little as 10% down, and also include the cost of capital improvements with the same leverage percentage to perform improvements to tailor the space to the business’s exact specification, enhancing productivity.
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