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32974668
32974669

521 Railroad Avenue, Suisun City, CA 94585

Unpriced
9 days on market
Updated 9 days ago

521 Railroad Avenue

Details
APN 0037-080-060
Property Type Retail
Sub Type Cannabis Dispensary
Square Footage 8,661
Net Rentable (SqFt) 8,661
Units 2
Cap Rate 9.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 07/31/2030
Remaining Term 4.2
Lease Options Two 5-year options
Year Renovated 2020
Buildings 2
Acreage 1.410
Zoning CSF
Parking Spaces 28 spaces
Parking Per SqFt 3.23
Investment Type Net Lease
Lease Commencement 08/01/2020
Ground Lease No

Retail | 9.00% CAP | 8,661 SqFt

Marketing description

521 Railroad Avenue is a single-tenant cannabis retail investment located in Suisun City, California and leased to STIIIZY, one of the most recognized cannabis retail brands in California. The property offers investors a rare opportunity to acquire specialized retail real estate occupied by an established operator in a highly regulated and difficult-to-replicate asset class.

STIIIZY's brand recognition, retail presence, and operating experience provides value in a sector where tenant quality, licensing discipline, local compliance, and operational consistency matter.

The property is as an operating cannabis dispensary retail location, a use that requires local approvals, proper zoning, security infrastructure, licensing compatibility, and ongoing compliance. Unlike a standard retail building, the value of this property is tied not only to the physical improvements, but also to the existing approved conditional use permit, tenant build-out, operating history, and limited supply of compliant cannabis retail locations.

For private investors and 1031 exchange buyers seeking higher yield than traditional NNN retail investments, 521 Railroad Avenue offers a compelling combination of established tenancy, specialized use, and long-term location scarcity.

521 Railroad Avenue is located in Suisun City, a Northern California market positioned between the Bay Area and Sacramento region, with convenient access to Fairfield, Vallejo, Napa, and the broader Solano County trade area. The property benefits from an established commercial setting, regional accessibility, and a customer base supported by surrounding residential neighborhoods, commuter traffic, military/government employment, logistics, healthcare, and service-based jobs.

For cannabis retail, location matters because approved sites are limited and difficult to replace. This location is further supported by STIIIZY's operating history at the property.

Investment highlights

  • Leased to STIIIZY, one of California's most recognized cannabis brands with a major retail and product presence.
  • STIIIZY is a well-known name in cannabis retail, with broad consumer awareness.
  • California is the largest legal cannabis market in the U.S. and one of the most important cannabis markets globally.
  • Cannabis retail sites require zoning approvals, state licensing, security compliance, and ongoing oversight.
  • The property is improved for cannabis retail use, supporting tenant continuity and reducing replacement risk.
  • The lease is structured as NNN, with full lease details available upon NDA execution and buyer qualifications.
  • Offered with a 9.00% cap rate, creating a compelling yield profile compared to many traditional net lease retail assets.

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