North Point Shopping Center 1700 N 1st St

Marcus & Millichap proudly presents a 20,000-square-foot, multi-tenant retail investment opportunity in Dixon, California. Built in 2007, the property is 100% leased, with a solar tenant on the roof generating additional income—all tenants are on NNN leases, ensuring a stable revenue stream.

Strategically located on North 1st Street (19,000 VPD), the property offers excellent visibility along Dixon's busiest thoroughfare. Its prime location is further enhanced by its proximity to Interstate 80, just one mile away, providing convenient access for over 135,000 vehicles per day traveling toward major markets such as Sacramento and San Francisco.

Two significant leases have recently been signed: a 10-year NNN lease with a strong Mountain Mike's franchisee and a 10-year lease with King Energy, which utilizes the expansive roof area. These leases add additional stability and income to the property.

Dixon has experienced substantial growth in recent years, driven by numerous new residential developments that have added hundreds of homes. The Lincoln Square housing development, located just across the street, will add 186 single-family homes by 2026. This growth reflects the town's expanding population and positions the property within a thriving, dynamic community. Residents benefit from local amenities and convenient access to major metropolitan areas like Sacramento and the Bay Area.

Acquiring this property offers a unique blend of stability, strategic location, and growth potential. With a prime position, a strong tenant mix, and Dixon’s flourishing community, this opportunity is poised for continued success.