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31230691
31230692

460 Antelope Blvd, Red Bluff, CA 96080 For Sale

CN
CA 02120126
Matthews
Matthews
Listed by Matthews
$3,806,463
121 days on market
Updated 120 days ago

Dollar General Market

Details
Property Type Retail
Sub Type Storefront
Square Footage 18,533
Cap Rate 7.90%
NOI $300,320
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+1)
Lease Term 2
Lease Expiration 04/30/2028
Remaining Term 2
Price per SqFt $205
Year Built 1964
Year Renovated 2014
Acreage 1.480
Ownership Fee Simple

Retail | 7.90% CAP | 18,533 SqFt

Marketing description

Property Highlights

● National Tenant - Dollar General operates approximately 20,600+ locations nationwide, reinforcing its position as a dominant discount retailer with broad market penetration.

● Dollar General Market Format - This location features the Dollar General Market format, a larger and more desirable prototype that incorporates an expanded grocery selection, including fresh produce, dairy, and a full range of refrigerated and frozen food options.

● Strong Traffic Exposure - The property benefits from direct frontage along Antelope Blvd, which sees approximately 19,600 vehicles per day. This steady traffic provides consistent visibility and helps support the tenant’s long-term viability at the location.

● Attractive Real Estate Fundamentals - The property serves as the anchor tenant within a well-occupied shopping center, supported by a strong and diverse tenant mix that drives consistent consumer traffic.

● Dense, High-Income Trade Area - The site is located in a dense market with over 24,000 residents and 9,000 households within a five-mile radius, supported by an average household income of $112,004, supporting sustained consumer demand.

Listing Contacts

CN
CA 02120126
Matthews
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$300,320.00
$25,026.67/mo

Valuation Metrics

0
DSCR
7.89%
Cap Rate
7.89%
ROI

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Additional Information

Name
David Harrington
License
02168060, 01320460 (CA)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Name
Cade Norland
License
02120126
Brokerage
Matthews
Name
Christopher Filips
License
02213789
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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