Description

*$255,000 PRICE REDUCTION BY MOTIVATED SELLER* *100% OCCUPANCY - 7.22% CAP AT ASKING PRICE* *$173/S.F. FAR BELOW REPLACEMENT COST* 701 Southampton Road, Benicia, CA is a two-story, mixed use, commercial building completed in 1978, remodeled in 2005/2006 and impeccably maintained since then. The property is located at the intersection of Highway 780 and Southampton Road, one of the busiest intersections in Benicia. It is located across the street from The Southampton Shopping Center, anchored by Raleys, Ace Hardware, Dollar Tree, Chase, and Burger King. The proximity to transportation, services, and Downtown Benicia makes this a rare opportunity. Benicia is in Southern Solano County, 24 miles northeast of San Francisco, and 18 miles south of Napa. A waterfront city with a population of 28,000, Benicia is known for its small-town charm, history, and high quality of life with an abundance of leisure and recreational activities. Positioned between I-80 and I-680, residents have easy access to the East and North Bay regions. Top employers include Flatiron Construction Corporation, Valero Benicia Refinery, Cyclegear, Under-ground Construction, Benicia Unified School District, Therma-Flite, Delta Tech, Clean Harbors, SSA Marina, Anixter, and Bio-Rad Laboratories.