531 Georgia St, Vallejo, CA 94590

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.