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OFFERING MEMORANDUM CJ Brill Investment Advisor O: 415.349.0147 M: 310.793.6069 [email protected] CalDRE #02073511 Mary Alam, MBA Senior Vice President O: 415.358.2111 M: 415.297.5586 [email protected] CalDRE #01927340 760 N Texas St Fairfield, CA 94533 Lucky Jelly Donuts

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Page 1: Lucky Jelly Donuts - images1.loopnet.com€¦ · donuts were a hit! I will be back for sure." • "Best Donuts in Fairfield!Every time I go there the Donuts are fresh and they have

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:

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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

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Section 1

PROPERTYINFORMATION1

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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

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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

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Section 2

LOCATIONINFORMATION2

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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

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Section 3

DEMOGRAPHICS

3

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* 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

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Section 4

SALECOMPARABLES4

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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

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Section 5

RENTCOMPARABLES5

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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

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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