College View Center
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College View Center
3 Properties Offered at $5,950,000 in Marysville, CA
Virtual Tour
Investment Highlights
- Exceptional commercial offering with a restaurant pad, retail strip, car wash, and vacant pad for future development.
- Prime investment opportunity with under-market rents, month-to-month leases, and development potential.
- Located on N Beale Road with over 25,738 daily traffic, near retailers like Walmart Supercenter, Costco, and FoodMaxx.
- College View Center is just minutes from Highway 70 and is situated among residential communities in Linda and Yuba City.
Executive Summary
College View Center is an excellent commercial offering that consists of a restaurant pad, a retail strip, a car wash, and a vacant pad for future development with potential growth. All existing leases are month-to-month or short-term, and rents are well under market rates presenting excellent upside opportunities. The vacant pad is prime for gas stations, hotels, and retail establishments.
Located off N Beale Road, frequented by a traffic count of over 25,738, businesses at this site have great visibility. Less than a mile away from an abundance of retailers such as Walmart Supercenter, Costco Wholesale, Foodmaxx, Dollar Tree, O'Reilly Auto Parts, and Comfort Suites Marysville-Yuba City. The 70 Freeway is reached in less than a five-minute drive, granting access to Downtown Marysville, Yuba City, and beyond.
Nestled between Marysville, Linda, and Olivehurst, College View Center is just outside California's Oldest City and surrounded by many residential communities. Within a 5-mile radius of College View Center, there is a population of 151,465 residents, making an average income of $82,152 and contributing to the $1.6 million in consumer spending. Maryville, California. This is a great opportunity for an investor looking to bring upside to a great area for growth.
Located off N Beale Road, frequented by a traffic count of over 25,738, businesses at this site have great visibility. Less than a mile away from an abundance of retailers such as Walmart Supercenter, Costco Wholesale, Foodmaxx, Dollar Tree, O'Reilly Auto Parts, and Comfort Suites Marysville-Yuba City. The 70 Freeway is reached in less than a five-minute drive, granting access to Downtown Marysville, Yuba City, and beyond.
Nestled between Marysville, Linda, and Olivehurst, College View Center is just outside California's Oldest City and surrounded by many residential communities. Within a 5-mile radius of College View Center, there is a population of 151,465 residents, making an average income of $82,152 and contributing to the $1.6 million in consumer spending. Maryville, California. This is a great opportunity for an investor looking to bring upside to a great area for growth.
Taxes & Operating Expenses (Actual - 2022) |
Annual |
|---|---|
| Gross Rental Income |
$240,600
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$240,600
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $240,600 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $240,600 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
| Price | $5,950,000 | Number of Properties | 3 |
| Price / SF | $126.68 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 46,969 SF |
| Status | Active | Total Land Area | 22.88 AC |
| Price | $5,950,000 |
| Price / SF | $126.68 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 46,969 SF |
| Total Land Area | 22.88 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Main Bldg
1460-1498 N Beale Rd, Marysville, CA 95901 |
Retail | 43,544 SF | 1966 | - |
|
Car Wash
1418 N Beale Rd, Marysville, CA 95901 |
Specialty | 2,425 SF | 1966 | - |
|
Taqueria Cuevas
1450 N Beale Rd, Marysville, CA 95901 |
Retail | 1,000 SF | 1968 | - |
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Sale Advisors
Sale Advisors
Dan Gluhaich, Realtor
(408) 461-0262
Contact
Dan is a licensed agent with Intero Real Estate in California and with Colliers International in Nevada. He has successfully closed over 1200 escrows during his career, ranking in the top 5% of producers. Having partnered with investors in over 200 spec homes and subdivisions, Dan specializes in bringing together designers, city officials, lenders, and construction managers and guiding them through the development process. He also has extensive experience and success with triple net lease properties, 1031 exchanges, and commercial retail and office space. Born and raised in Gilroy, Dan resides in Morgan Hill with his wife and two sons. He actively supports church, school, and sports programs in the community. Dan graduated from California Poly, San Luis Obispo, in 1983.
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