5232 Shasta Dam Boulevard
100% Occupied 6-Unit Retail Building
Marketing description
Opportunity to own this 100% occupied retail strip center on busy Shasta Dam Blvd near I-5. Solid tenant mix includes a Chinese food restaurant, a therapy office, a barber shop, a pet groomer, an administrative office, and a hair salon. Affordable opportunity for a first commercial real estate investment or ability to owner-occupy part of the property while collecting income from rents on the rest! Can be sold in combination with the adjacent drive-thru restaurant building at 5248 Shasta Dam Blvd.
Investment highlights
Busy location with estimated 13,000 ADT and growing (Counts from 2020)
100% Occupied
4 tenants on MTM
One tenant lease expiring 2027, with 2 options to extend
One tenant lease expiring 2034 with 1 option to extend
Additional land of approximately 0.43 acres undeveloped for future project (R-4 Base Zoning, VC proposed)
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