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1060-1068 S Main St

10,620 SF 63% Leased Retail Building Red Bluff, CA 96080 $4,550,400 CAD ($428 CAD/SF)

Executive Summary

Amazing value add opportunity with potential for 8.25% + cap rate. 9 Tenant property with just 2 small vacancies located on a signalized intersection with the highest traffic count in the City and on direct route to Walmart Supercenter. Many surrounding credit and national retailers. Immediate opportunity for upside with lease up of 2 vacancies to offer over 7.25% cap rate ($100k TI allowance factored in) and potential for 8.25% or greater cap with relocation of existing National Tenant and new 10 year term; contact Agent for details. Starbucks and Quest Diagnostics have both occupied for over 20 years, Subway 12 years, Star Nails 15 years, and Liberty Tax 8 years, showing long term commitment. Metro PCS just renewed their first term. Darkside is in their 2nd year and doing very well, and although very busy requires little parking.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
10,620 SF
Building Class
B
Year Built
2003
Price
$4,550,400 CAD
Price Per SF
$428 CAD
Percent Leased
63%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.10 AC
Zoning
CITY

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Kwik Kuts
  • -
  • 1,000 SF
  • -
  • -
  • -
  • 900 SF
  • -
  • -

The Liberty Tax mission is to be trusted locally and respected nationally as the best choice for professional tax services. The people they help during tax season are not just their customers, they’re their neighbors. They know that they're looking for someone they can trust, a price they can afford, and to either owe less on taxes or get their largest possible refund. That’s where they come in – they're committed to building long-term relationships and establishing ourselves as trusted tax experts for life. On September 1, 1997, Canadian tax franchisor U&R Tax Depot was acquired. In 1998, the company opened offices in the U.S. and became Liberty Tax Service®. Since 1997, Liberty Tax has helped millions of Americans get their largest possible refund or their money back.* Liberty Tax has retail branches and tax professionals across the United States and Canada.

  • -
  • 1,500 SF
  • -
  • -

At Metro by T-Mobile, they believe in the power of connection. They’re all about giving customers reliable wireless service at a fair price so they can stay connected to the people, places, and moments that light up their world. And they do it with unwavering transparency and simplicity. They deliver a customer experience that’s BS-free and crystal-clear. They do that with transparent pricing, with taxes and fees included in the plan price so customers know what to expect every month. They also do it with unlimited talk, text, and data, so they have the freedom to stay connected on T-Mobile's leading 5G network. And they have thousands of stores to make sure there’s one in all neighborhoods. They’ve built a brand that customers have chosen, making them the undisputed leader in prepaid. With Metro, customers score access to the nation’s largest 5G network and the largest selection of free 5G phones in prepaid.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Kwik Kuts - 1,000 SF - -
- 900 SF - -
- 1,500 SF - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,200 SF
  • Retail
  • -
  • Now

Open retail space off very high traffic intersection. On direct route to Walmart Supercenter, Raley's Grocery, and surrounded by many other retailers. Central location with great visibility and signage. Co-Tenants include Starbuck's, Star Nails Salon, Metro PCS, Quest Diagnostics, Liberty Tax, and Darkside smoke shop. Immediately adjacent to ARCO AMPM and Wendy's.

  • 1st Floor
  • 1,500 SF
  • Retail
  • -
  • Now

Former Sandwich space available and ready for immediate occupancy off very high traffic intersection. On direct route to Walmart Supercenter, Raley's Grocery, and surrounded by many other retailers. Central location with great visibility and signage. Co-Tenants include Starbuck's, Star Nails Salon, Metro PCS, Quest Diagnostics, Liberty Tax, and Darkside smoke shop. Immediately adjacent to ARCO AMPM and Wendy's.

  • 1
  • 1,217 SF
  • Retail
  • -
  • Now

Open retail space off very high traffic intersection. On direct route to Walmart Supercenter, Raley's Grocery, and surrounded by many other retailers. Central location with great visibility and signage. Co-Tenants include Starbuck's, Star Nails Salon, Metro PCS, Quest Diagnostics, Liberty Tax, and Darkside smoke shop. Immediately adjacent to ARCO AMPM and Wendy's.

Space Size Space Use Position Available
1st Floor 1,200 SF Retail - Now
1st Floor 1,500 SF Retail - Now
1 1,217 SF Retail - Now

1st Floor

Size
1,200 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size
1,500 SF
Space Use
Retail
Position
-
Available
Now

1

Size
1,217 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,200 SF
Space Use Retail
Position -
Available Now

Open retail space off very high traffic intersection. On direct route to Walmart Supercenter, Raley's Grocery, and surrounded by many other retailers. Central location with great visibility and signage. Co-Tenants include Starbuck's, Star Nails Salon, Metro PCS, Quest Diagnostics, Liberty Tax, and Darkside smoke shop. Immediately adjacent to ARCO AMPM and Wendy's.

1st Floor

Size 1,500 SF
Space Use Retail
Position -
Available Now

Former Sandwich space available and ready for immediate occupancy off very high traffic intersection. On direct route to Walmart Supercenter, Raley's Grocery, and surrounded by many other retailers. Central location with great visibility and signage. Co-Tenants include Starbuck's, Star Nails Salon, Metro PCS, Quest Diagnostics, Liberty Tax, and Darkside smoke shop. Immediately adjacent to ARCO AMPM and Wendy's.

1

Size 1,217 SF
Space Use Retail
Position -
Available Now

Open retail space off very high traffic intersection. On direct route to Walmart Supercenter, Raley's Grocery, and surrounded by many other retailers. Central location with great visibility and signage. Co-Tenants include Starbuck's, Star Nails Salon, Metro PCS, Quest Diagnostics, Liberty Tax, and Darkside smoke shop. Immediately adjacent to ARCO AMPM and Wendy's.

Nearby Major Retailers

Chase Bank
Raley's
Tri Counties Bank
Grocery Outlet
Dutch Bros
Starbucks
Planet Fitness
Mechanics Bank
Umpqua Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
033-250-082-000
Land Assessment
$903,659 CAD
Improvements Assessment
$2,801,345 CAD
Total Assessment
$3,705,004 CAD
  • Listing ID: 30938616

  • Date on Market: 2024-02-12

  • Last Updated:

  • Address: 1060-1068 S Main St, Red Bluff, CA 96080

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