2855 Auto Mall Pkwy, Fairfield, CA 94533

Long-Term Absolute NNN Lease – 100% Absolute NNN leased to Schomp Automotive Group (21 years remaining). Schomp Automotive is a well-established dealership group with a 77-year history operating 12 dealership locations across three states including BMW, Hyundai, Mercedes-Benz, Honda, and Porsche dealerships to name a few.

Strong Lease Guarantee – The lease is guaranteed by Schomp Automotive and its partners. Given the guarantors’ strong overall financial performance, company size, and history of operating successful dealership franchises across different states, this is a tangible benefit that adds a significant safety net to the lease. Furthermore, the tenant has committed to the upkeep of the site investing $5 million into this location recently to renovate and meet dealership image compliance standards.

Secure Income Stream – In addition to the strength of its franchisee and long term NNN lease, VW of Fairfield & Audi Napa Valley benefits from built-in rent increases of 2.5% Annually equating to a $324,713 growth in NOI over the anticipated hold period and provides a beneficial hedge against inflation.

Highly Desirable Location – VW of Fairfield & Audi Napa Valley are situated on ±4.23 acres, centrally located immediately off the CA Interstate 80 (±203,418 CPD) in the heart of Solano County. This location at the Fairfield Auto Mall makes it easily accessible to the remainder of the city of Fairfield and a destination for the residents of the surrounding Vallejo Metropolitan Area (±459,205) looking to purchase an automobile.