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1554 Ca-99Gridley, CA 95948

Gridley, CA Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
Heritage Oaks Shopping Center, a 94,542 square foot grocery-anchored retail center in Gridley, CA, presents a compelling investment opportunity. Strategically located on State Route 99, between Yuba City and Chico, this center boasts a strong tenant mix including Safeway, O'Reilly Auto Parts, Grocery Outlet, and Dollar Tree, along with Anytime Fitness and Huckleberry's. The property offers multiple tenancy options with a minimum divisible space of 900 square feet and a maximum contiguous space of 6,450 square feet. Currently, 18,201 square feet of space is vacant. A significant advantage is the availability of a ±1.34-acre pad site, ideally suited for redevelopment into a gas station or quick-service restaurant (QSR). This pad enjoys high visibility at a signalized intersection of Highway 99 and E. Gridley Road, benefiting from an average traffic count of 24,979 vehicles. The pad's size allows for a large-scale development, and the existing parking area can be reconfigured to optimize traffic flow. This exceptional location offers easy access and high visibility, making it an attractive proposition for businesses seeking a prominent presence on a major highway. The pad is available for sale, ground lease, or build-to-suit arrangements. The center is minutes from historic downtown Gridley.

Highlights

  • Safeway, O'Reilly Auto Parts, Grocery Outlet, and Dollar Tree anchor this 94,542 SF retail center.
  • Located on State Route 99, boasting 24,979 average daily traffic counts.
  • Strong demographics: Over 30,600 residents within a 10-mile radius, average household income exceeding $112,600.
  • ±900 SF to ±6,450 SF of retail space available for lease.
  • ±1.34-acre pad site available for sale, ground lease, or build-to-suit; ideal for gas station or QSR development with SR 99 frontage.

Property Details for 1554 Ca-99

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
94,542 SF

Unit(s) available at that property

Space
±1.34 Acre Pad
Size
58,370 SF
Space
Suite 01540
Size
1,200 SF
Space
Suite 01544
Size
900 SF
Space
Suite 01556
Size
1,715 SF
Space
Warehouse Space
Size
6,450 SF

Location Insight

City
Gridley
County
Butte
State
California
Latitude
39.3617043
Longitude
-121.6866315
1554 Ca-99, Gridley, California

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1554 Ca-99
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