48 Antelope Blvd - Retail FOR SALE


Red Bluff, CA 96080
$700,000 USD
916-724-1326
48 Antelope Blvd, Red Bluff, CA for Sale
$700,000 USD
Retail - FOR SALE
1/8
null | Request Cap Rate

Jun '26


48 Antelope Blvd
Red Bluff, CA 96080


OVERVIEW

The subject property is a 3,424-square-foot freestanding single-tenant restaurant building situated on 0.38 acres of commercially zoned land in Red Bluff, California. The property will be delivered vacant at lease expiration in June 2026, providing a rare opportunity for an owner-user or investor to acquire a well-located, highly visible restaurant asset with repositioning or retenanting potential. Originally constructed in 1966, the building has been continuously occupied by a single operator—Denny’s—since its development. The long-term tenancy underscores the viability of the location and its sustained traffic patterns. The current operator has announced plans to retire and will not renew the lease, creating a compelling opportunity for a new concept to capitalize on the site’s strategic positioning. The property is ideally positioned adjacent to the Antelope Boulevard and Interstate 5 interchange, one of the primary access points serving the City of Red Bluff. Strategically located between Interstate 5 and Main Street and adjacent to the Sacramento River, the site benefits from: • Traffic counts exceeding 19,000 vehicles per day • Direct proximity to Interstate 5 on/off ramps • Strong regional and commuter traffic exposure • Convenient access for both local residents and highway travelers • Close proximity to downtown Red Bluff amenities Interstate 5 is the primary north–south transportation corridor on the West Coast, connecting California’s major metropolitan markets. This interchange location captures both local daily traffic and long-distance travel flow, making it highly attractive for quick-service restaurants, drive-thru concepts, coffee operators, fast casual dining, or specialty food users. The site’s river-adjacent positioning and immediate access to Main Street further enhance its appeal, offering visibility, accessibility, and strong branding potential for a new operator. With the property being delivered vacant in June 2026, investors and users can: • Re-tenant at market rental rates • Reposition or modernize the asset • Convert to an alternative restaurant or retail concept • Utilize the building for an owner-user operation • Explore redevelopment potential given its interchange location The long-standing restaurant history at this location significantly reduces leasing risk for food operators and reinforces the site’s established customer patterns.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,650 SF

ZONING

C-3 (Regional Commercial)

APN/PARCEL ID

041-031-016-000

ASK ABOUT THIS PROPERTY

Edward NelsonMarcus & Millichap Real Estate Investment ServicesMore Info
916-724-1326

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Edward NelsonMarcus & Millichap Real Estate Investment ServicesMore Info
916-724-1326

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