For Sale
$1,450,000

200 Antelope BlvdRed Bluff, CA 96080

High-Traffic Location, Strong NOI

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a single-tenant Del Taco fast-food restaurant located at 200 Antelope Blvd, Red Bluff, CA 96080. The property boasts 2,400 square feet on a 1.61-acre lot, offering prime visibility and accessibility due to its strategic location near the intersection of Interstate 5 and Highway 36. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $65,244, resulting in an attractive 4.50% cap rate. The asking price is $1,450,000, significantly below current replacement costs, making this a compelling investment proposition. The property benefits from its location in Red Bluff, the county seat of Tehama County, a regional hub drawing customers from surrounding areas. This thriving location is further enhanced by its proximity to other major commercial tenants such as Starbucks, Burger King, and McDonald's, ensuring high foot traffic and brand recognition. The single-story building is well-maintained and presents a solid foundation for continued success. This is a rare opportunity to acquire a well-performing QSR property in a high-demand location. The property's strong financials, coupled with its desirable location and low price point, make it an ideal addition to any investment portfolio. The property is easily accessible from Interstate-5, providing convenient access for customers and employees.

Highlights

  • Exceptional Value: Below-Market Pricing
  • Convenient Interstate 5 Access
  • Prime Red Bluff, CA Location

Property Details for 200 Antelope Blvd

Property type
Retail properties
Square Feet
2,400 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
70,132 SF

Location Insight

City
Red Bluff
County
Tehama
State
California
Latitude
40.1830292
Longitude
-122.2208701
200 Antelope Blvd, Red Bluff, California

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200 Antelope Blvd
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