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Jiffy Lube 905 Hartnell Ave 2,940 SF Retail Building Redding, CA 96002 $1,899,881 CAD ($646.22 CAD/SF) 6.05% Cap Rate
Investment Highlights
- Free-Standing, Drive-Through Building with Excellent Visibility.
- Significant 1031 Exchange Investment for your picky Investors. NNN Investment and Tenant pays all expenses.
- Brand-New Lease for 10 years with a two (2) five-year option to renew.
Executive Summary
This is a great opportunity to own an excellent property on a heavily trafficked street. The subject property comprises a 26,136 SF Lot size and 2,940 SF building, with excellent exposure along Hartnell St. The property has exceptional visibility with a long-term National Tenant. Jiffy Lube Center tenant will sign a brand-new lease for 10 years with a two (2) five-year option before closing escrow. Easy access, free-standing, drive-through building with excellent visibility. Significant 1031 exchange investment for your picky investors. NNN Investment and Tenant pays all expenses. Absolute pride of ownership. Please call 310-880-3888 or email Sean@SoCalPowerHouse.com for any additional questions or information.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,940 SF
Building Class
C
Year Built
1994
Price
$1,899,881 CAD
Price Per SF
$646.22 CAD
Cap Rate
6.05%
NOI
$114,978 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.59 AC
Opportunity Zone
Yes
Zoning
Commercial - Auto Related - Commercial - Auto Related
Amenities
- Signage
- Drive Thru
- Air Conditioning
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 068-020-033-000 | Improvements Assessment | $879,373 CAD |
| Land Assessment | $293,123 CAD | Total Assessment | $1,172,495 CAD |
Property Taxes
Parcel Number
068-020-033-000
Land Assessment
$293,123 CAD
Improvements Assessment
$879,373 CAD
Total Assessment
$1,172,495 CAD
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Jiffy Lube | 905 Hartnell Ave
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