2920 Main St | Susanville, CA 96130
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2920 Main St
Susanville, CA 96130
Walmart Plaza Outparcel · Retail Property For Sale
Investment Highlights
- Owner/User Opportunity
- 50% NNN Leased to T-Mobile on 5-year term
- NEW Roof, Upgraded Electrical, Building Paint and Parking Lot (2022)
- Opportunity Zone
- Proforma Income of $94,872
- Future Value Add/Drive-Thru Possible
Executive Summary
The Walmart Plaza Shopping Center features a 6,500 square foot NNN leased pad building 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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,500 SF
Building Class
C
Year Built/Renovated
1997/2021
Price
$1,927,433 CAD
Price Per SF
$297 CAD
Cap Rate
7%
NOI
$134,920 CAD
Percent Leased
25%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.38 AC
Opportunity Zone
Yes
Zoning
C-2 - General Commercial
Parking
45 Spaces (7 Spaces per 1,000 SF Leased)
Frontage
316 ft on Hwy 36
Amenities
- Corner Lot
- Signage
PROPERTY TAXES
| Parcel Number | 105-350-046-000 | Improvements Assessment | $370,592 CAD |
| Land Assessment | $370,592 CAD | Total Assessment | $741,185 CAD |
PROPERTY TAXES
Parcel Number
105-350-046-000
Land Assessment
$370,592 CAD
Improvements Assessment
$370,592 CAD
Total Assessment
$741,185 CAD
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