Listed by CBRE - Sacramento
$1,615,000
Big 5 Sporting Goods
Details
APN 107380031000
Property Type Retail
Sub Type Storefront, Sporting goods
Square Footage 9,900
Units 1
Cap Rate 6%
NOI $96,900
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 05/31/2031
Price per SqFt $163
Year Built 1970
Buildings 1
Acreage 0.780
Investment Type Stabilized
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee
Absolute NNN | Corporate Location
Marketing description
CBRE, as exclusive advisor, is pleased to offer for sale the Big 5 Sporting Goods located at 2500 Hilltop Dr in Redding, CA. The approximately 9,900 square foot single-tenant building is leased to Big 5 Sporting Goods. Big 5 Sporting Goods has approximately five years remaining on their lease, with the lease expiring in May 2031. Built in 1970s, the Property is situated on a rectangular parcel totaling 0.78 acres. Black Bear Diner is located at the southwest corner of Hilltop Dr (±30,138 ADT) and Grove Ave, along the Interstate 5 on-ramp (±61,027 ADT) and one block off of Cypress Ave (±36,350 ADT).
Investment highlights
- Absolute NNN Lease
- Corporate Location with Established History
- High Traffic Location
- Synergy of Surrounding Retailers
Listing Contacts
Listed by CBRE - Sacramento
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,900.00
$8,075.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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