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TRANSCRIPT
OFFERINGMEMORANDUM
CJ BrillInvestment Advisor
O: 415.349.0147M: 310.793.6069
[email protected] #02073511
Mary Alam, MBASenior Vice President
O: 415.358.2111M: 415.297.5586
[email protected] #01927340
760 N Texas StFairfield, CA 94533
Lucky Jelly Donuts
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Lucky Jelly Donuts760 N Texas St
Fairfield, California 94533
Confidentiality & Disclosure
Lucky Jelly Donuts760 N Texas St, Fairfield, CA 94533
The information contained in the following Investment Summary is proprietary and strictly confidential. It is intended to be reviewed only by the partyreceiving it from NAI Northern California Investment Real Estate Brokerage and should not be made available to any other person or entity without thewritten consent of Broker. This Investment Summary has been prepared to provide summary, unverified information to prospective purchasers, and toestablish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligenceinvestigation. Broker has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subjectproperty, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence orabsence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of improvementsthereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue occupancy of the subjectproperty.
The information contained in the Marketing Brochure has been obtained from sources we believe to be reliable; however, Broker has not verified, andwill not verify, any of the information contained herein, nor has Broker conducted any investigation regarding these matters and makes no warranty orrepresentation whatsoever regarding the accuracy or completeness of the information provided. All potential purchasers must take appropriatemeasures to verify all of the information set forth herein.
CJ Brill, Investment AdvisorO: 415 349 0147 | C: 310 793 [email protected] | CalDRE #02073511
Mary Alam, MBA, Senior VicePresidentO: 415 358 2111 | C: 415 297 [email protected] | CalDRE #01927340
For More Information:
4 Section 1Property Information
10 Section 2Location Information
14 Section 3Demographics
16 Section 4Sale Comparables
18 Section 5Rent Comparables
Table of Contents
Table Of Contents
Lucky Jelly Donuts760 N Texas St, Fairfield, CA 94533
Section 1
PROPERTYINFORMATION1
TOTAL SALE PRICE: $750,000
LOT SIZE: 0.28 Acres
BUILDING SIZE: 1,187 SF
PARKING: 15 spaces + 1 handicap
YEAR BUILT: 1971
ZONING: NeighborhoodCommercial
APN'S 0030-213-200 &0030-213-010
OPPORTUNITY ZONE Yes
NAI Northern California is pleased to present the sale of this well established business and real estate in Fairfield,CA on N Texas St. This sale consists of the 1,187 square foot building located on a 12,197 square foot lotincluding the adjacent parking lot and Lucky Jelly Donuts business plus all equipment. This is a perfectopportunity to purchase this long term establishment or start your own at a prominent location with a vacantbuilding.
Overview
Highlights
• Ability to be delivered vacant.
• Sale includes: the building, adjacent parking lot and business.
• Opportunity to start your own business and be your own landlord or run a pre-established business.
• Location caters to morning commuters and Armijo High School students.
• Armijlo High School directly across the street with 2,391 students enrolled.
• 0.9 miles from downtown Fairfield.
• 0.5 mile from Solano County Government Office
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Executive Summary
Sale Highlights
• Lucky Jelly Donuts has been a long term family run business and is wellknown in the area. Serving coffee and donuts daily from 5AM to 7PM,this establishment caters well to the morning commuters and highschool across N Texas St.
• Equipment included in sale: 2 mixers, 1 oven, 2 fryers, 1 grill, 1 icing/glazing table, 2 donut cooling racks, 1 proofing box, 1 donut table, 1freezer, 2 refrigerators.
Yelp Reviews
• "Showed up looking for custard filled donuts for a coworker. I purchased 4donuts, and before I left, a man came from the back and handed me afresh, warm donut on the house. My daughter devoured it, and mycoworker loved her custard donuts. This place was great!!"
• "I had to get about 7 dozen for a work event and I was running late to pickup my order. I believe it was the owner, helped me out to the car & gaveme a coffee to warm up. He also gave me a donut for my commute. Thedonuts were a hit! I will be back for sure."
• "Best Donuts in Fairfield! Every time I go there the Donuts are fresh andthey have my favorite Blueberry filled."
• "Lucky Jelly Donuts is an amazing donut shop! The owners are superfriendly and their donuts are fresh. I've tried a few different types of donutsfrom this shop and I know I'll be going back. They have a pretty goodbeverage selection along with their variety of donuts. If you're in theneighborhood and craving some donuts, this place is definitely worth yourmoney."
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Business Highlights
Lucky Jelly Donuts760 N Texas St, Fairfield, CA 94533
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Additional Photos
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Additional Photos
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Additional Photos
Section 2
LOCATIONINFORMATION2
Fairfield, CAThe city of Fairfield is a great combination of prime real estate location, room for growing businesses and a hard-working population. Good schools, affordablehousing and close proximity to the Bay-Area's world famous attractions makes Fairfield an alluring location for employees and residents. Generally considered thehalfway point between San Francisco and Sacramento, both cities are approximately 40 miles away and Napa Valley is only a short 19 mile drive. Fairfield is proudto be called home by the Travis Air Force base and the headquarters of JellyBelly.
City Highlights
• Expected population growth of over 5% from 2018-2023
• Heart of Solano County
• Average temperate of 62 Degrees Fahrenheit
• Bustling downtown located on Texas St
• Suisan-Fairfeild Amtrack Station
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City Information
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Location Maps
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Retailer Map
Section 3
DEMOGRAPHICS
3
* Demographic data derived from 2010 US Census
Population 1 Mile 2 Miles 3 Miles
Total Population 21,174 64,195 101,626
Median Age 29.3 30.8 32.7
Median Age (Male) 27.3 28.8 30.8
Median Age (Female) 31.1 32.5 34.5
Households & Income 1 Mile 2 Miles 3 Miles
Total Households 6,621 20,294 32,520
# of Persons Per HH 3.2 3.2 3.1
Average HH Income $56,148 $59,516 $67,534
Average House Value $250,443 $297,270 $358,322
Race 1 Mile 2 Miles 3 Miles
% White 37.8% 38.3% 39.8%
% Black 22.9% 20.2% 19.5%
% Asian 10.7% 11.2% 12.8%
% Hawaiian 1.4% 1.8% 1.5%
% Indian 0.4% 0.5% 0.6%
% Other 18.2% 20.4% 18.0%
Ethnicity 1 Mile 2 Miles 3 Miles
% Hispanic 36.3% 35.4% 30.9%
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Demographics Map
Lucky Jelly Donuts760 N Texas St, Fairfield, CA 94533
Section 4
SALECOMPARABLES4
Subject Property760 N Texas St | Fairfield, CA 94533
$990,000Sale Price: 0.28 AcresLot Size: 1971Year Built:
1,187 SFBuilding SF:
1
Yo Sushi1430 N Texas St | Fairfield, CA 94533
$625,000Sale Price: 14,810 SFLot Size: 1,209 SFBuilding SF:
$516.96Price PSF: 10/21/2015Closed:
1
2
Pizza Hut598 Parker Rd | Fairfield, CA 94533
$910,000Sale Price: 6,534 SFLot Size: 1,160 SFBuilding SF:
$784.48Price PSF: 07/19/2018Closed:
2
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Sales Comparables
Lucky Jelly Donuts760 N Texas St, Fairfield, CA 94533
Section 5
RENTCOMPARABLES5
Subject Property760 N Texas St | Fairfield, CA 94533
N/ALease Rate: 1971Year Built:
0.28 AcresLot Size:
Space Size: 1,187 SF
1
Fire Wings2700 N Texas St | Fairfield, CA 94533
$36.00 SF/YRLease Rate: NNNLease Type: 8,874 SFSpace Size:
8,874 SFBldg Size: 0.28 AcresLot Size:
1
2
2700 N Texas StFairfield, CA 94533
$34.00 SF/YRLease Rate: 8,874 SFSpace Size: 8,874 SFBldg Size:
0.28 AcresLot Size:
2
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Rent Comparables
Lucky Jelly Donuts760 N Texas St, Fairfield, CA 94533
Lucky Jelly Donuts760 N Texas St, Fairfield, CA 94533
CJ BrillInvestment Advisor
O: 415.349.0147M: 310.793.6069
[email protected] #02073511
Mary Alam, MBASenior Vice President
O: 415.358.2111M: 415.297.5586
[email protected] #01927340