460 Antelope Blvd
Red Bluff, CA 96080
Dollar General Market · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- DOLLAR GENERAL MARKET CONCEPT: Dollar General Market operates as a grocer as it devotes more than 50% of the floor space to grocery products
- OVER 5.50 YEARS REMAINING: On the primary term including Three, 5-Year options with 10% rental increases in the option periods.
- MODIFIED GROSS LEASE: Perfect asset for investors looking for a passive investment that returns a higher yield.
- MAIN RETAIL CENTER: On the east side of town with retail synergy from other tenants. 18,533 square foot building situated on a large, 1.48 acre parcel
- INVESTMENT GRADE CREDIT: Corporate Guarantee by Dollar General Corporation, a Fortune 100 company (S&P: BBB).
- LIMITED COMPETITION: Only grocer located east of the Sacramento River in the town of Red Bluff.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
18,533 SF
Building Class
B
Year Built/Renovated
1964/2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
1.48 AC
Zoning
RE-B:10
Parking
63 Spaces (3.4 Spaces per 1,000 SF Leased)
Frontage
161’ on Antelope Blvd
PROPERTY TAXES
| Parcel Number | 039-282-006-000 | Improvements Assessment | $4,389,687 |
| Land Assessment | $231,034 | Total Assessment | $4,620,721 |
