East Main Street

Posted: 6/2/2020
304 Units
4.68 Acres
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About

About East Main Street

Cushman & Wakefield is pleased to exclusively present the opportunity to acquire East Main Street (the "Property"), a 100% market-rate, ±5.50 acre mixed-use development site located in a priority development area in Vacaville, California. Situated within a half-mile from an Interstate-80 onramp, the Property benefits from convenient access to the area’s largest and most renowned employers including Genentech, Kaiser Permanente, NorthBay VacaValley Hospital, Anheuser-Busch, UC Davis and Travis Air Force Base. Recognizing the critical need for infill housing, the City of Vacaville created the East Main District Master Plan, which identifies East Main Street as a priority development site and allows for the development of up to 304 units.
With direct access to 5 million jobs, Vacaville has emerged as one of the top performing housing submarkets in the San Francisco Bay Area. Local rents are projected to grow 20% by 2025 while median household incomes are expected to grow by 15% to $96,838 annually by 2024. Situated one block from Main Street, residents of East Main Street will be steps from the retail, dining, and entertainment offerings in downtown Vacaville. A rare opportunity with multiple exit strategies, developers can build a for rent or for sale project. As a 100% market rate community with minimal future competition, East Main Street will offer the high end, convenient living experience critical to attracting the region’s most affluent residents.