460 Antelope Blvd - Supermarket FOR SALE


Red Bluff, CA 96080
$3,830,000 USD
415-480-0214
460 Antelope Blvd, Red Bluff, CA for Sale
$3,830,000 USD
Supermarket - FOR SALE
1/16
null | 8% Cap Rate

460 Antelope Blvd
Red Bluff, CA 96080


HIGHLIGHTS

  • Recently replaced roof.
  • Recently replaced parking lot.
  • Dollar General recently updated and replaced all signage.
  • Dollar General is a publicly traded Fortune 500 company that has been in business for 80 years and with a current market cap of $24.58B as of 6/25.
  • DG Market is a larger concept store with fresh produce, milk, meats and other groceries added to DG's usual mix of low-price general merchandise.
  • 3 X 5 year options remaining with rent increases.

OVERVIEW

The Ballesteros Group is pleased to present for sale this recently upgraded Dollar General Market located at 460 Antelope Blvd in Red Bluff CA. This subject property consists of a single tenant 18,533 SF building leased to Dollar General Market on a 1.48 AC parcel located in part of a larger shopping center. Previously occupied by Holiday Market, this property has been occupied by Dollar General since 2012. Recent upgrades include both the roof and parking lot being replaced by the current owner which serve to greatly minimize a new owner's responsibilities going forward as well as Dollar General having recently replaced and updated signage which further demonstrates their commitment to this location. Current term expires 4/30/2028 with 3 X 5 year options with rent increases.

FOR SALE DETAILS

PRICE

$3,830,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

RE-B:10

APN/PARCEL ID

039-282-006-000

ASK ABOUT THIS PROPERTY

Joshua BallesterosNAI Northern CaliforniaMore Info
415-480-0214

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Joshua BallesterosNAI Northern CaliforniaMore Info
415-480-0214

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.