Net Lease Grocery Opportunity
Overview
Offering Specifications
- Price $3,600,000
- CAP Rate 8.46%
- Price/SF $192.24
- Net Operating Income $304,517
- Lease Term Remaining 4.3 Years
- Ownership Type Fee Simple
- Lease Type NN (Double-Net)
- Year Built | Renovated 1964 | 2014
Essential CRE is pleased to present the opportunity to acquire the fee simple interest in Dollar General Market located at 460 Antelope Boulevard - Red Bluff, CA (Tehama County). The subject property was constructed in 1964, renovated in 2014, resides on 1.48 acres of land and is strategically positioned with excellent visibility from Antelope Boulevard. This site benefits from its proximity to Interstate 5 and Downtown Red Bluff as well as limited grocery competition in the immediate trade area, attracting repeat local customers.
