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7832684
7832664

2920 Main St, Susanville, CA 96130

HC
CA CA 01189551
Epic Real Estate Advisors, Inc
SL
CA CA 01232807
Epic Real Estate Advisors, Inc
Listed by Epic Real Estate Advisors, Inc
$1,140,000
1595 days on market
Updated 72 days ago
Opportunity zone

T-Mobile Outparcel to Walmart

Details
APN 105-350-46-11
Property Type Retail
Sub Type Shopping Center
Square Footage 6,500
Units 3
Occupancy 50%
Tenancy Multi
Brand/Tenant T-Mobile
Lease Type NNN
Pro-Forma Cap Rate 8.41%
Pro-Forma NOI $95,928
Price per SqFt $175
Broker Co-Op Yes
Class B
Year Built 1997
Year Renovated 2021/2022
Buildings 1
Stories 1
Acreage 1.380
Investment Type Owner/User
Tenant Credit Credit Rated, Corporate Guarantee

Retail | 6,500 SqFt

Marketing description

The Walmart Plaza Shopping Center features a well maintained/remodeled 6,500 square foot pad building leased to T-Mobile, located in an opportunity zone that offers excellent exposure to Highway 36 and monument signage. Walmart, whose closest competing store is 80 miles away, completed an expansion and remodel in 2019 after being at the site for over 30 years. The building is positioned at the main entrance and offers access to the adjacent Safeway shopping center. New DRIVE-THRU lane pending.

The asset is located adjacent to all the local government agencies (within 1,500 ft.) – New Lassen County Courthouse, Lassen National Forest Service, US Social Security Administration, Lassen County District Attorney, Lassen County CAL Works, California DMV

Investment highlights

  • Owner/User Opportunity

  • 50% Leased

  • Recently Extended 5-year Lease w/ T-Mobile

  • Opportunity Zone

  • Drive-thru (pending)

  • New Roof (2021)

  • New Upgraded Electrical (2022)

  • New Parking Overlay & Stripe (2022)

  • New Paint (2022)

  • Within 2,000 ft. of ALL (20+) area Major National Retailers

Listing Contacts

HC
CA CA 01189551
Epic Real Estate Advisors, Inc
SL
CA CA 01232807
Epic Real Estate Advisors, Inc
Listed by Epic Real Estate Advisors, Inc

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Additional Information

Name
Heath Charamuga
License
CA 01189551
Brokerage Phone
9167163037
Title
Partner
Name
Scott Laeber
License
CA 01232807
Brokerage
Epic Real Estate Advisors, Inc.
Brokerage Phone
9168379384
Title
Partner
Brokerage Address
1851 Heritage Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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