6333 Oakdale RdRiverbank, CA 95367

Property Details for 6333 Oakdale Rd

Year built

1996

Construction

WOOD

Lot size

0.74 AC

Property size (Sq ft)

13,920 SF

Property type

Retail properties

Property subtype

Super regional malls

APN

074-021-078-000

APU

74021078000

Description

This thriving boba tea shop presents a fantastic business opportunity in Riverbank, California. Located at 6333 Oakdale Road, Unit B, this 800-square-foot establishment sits on a 0.02-acre lot and is offered at $79,000. The business boasts a secure lease extending through July 2026, eliminating the immediate need for lease renegotiation. All fixtures and equipment are included in the sale price, allowing for a seamless transition for the new owner. The shop's prime location within a high-traffic area ensures consistent customer flow, capitalizing on the ever-growing popularity of boba tea. This turnkey operation is perfectly positioned to benefit from the current market demand, appealing to a broad demographic including Gen Z, millennials, and families. The inviting atmosphere and established customer base provide a solid foundation for continued success and growth. This represents a unique chance to acquire a profitable, established business with significant upside potential in a vibrant market. The sale includes all necessary equipment and fixtures to immediately begin operations. The current lease provides stability and allows for a smooth transition into ownership. This is an exceptional opportunity for an entrepreneur seeking a proven business model in a high-growth industry.

• CAP approach

  CAP return

  Valuation

  6%

  $3,442,359

  6.5%

  $3,177,562

  7%

  $2,950,593

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,008,494

  Geo Method

  $5,008,494

• Alternative Use

  Use

  Valuation

  Residential

  $2,680,392

  Hospitality

  $2,455,225

  Educational

  $2,042,718

  Medical

  $2,112,971

  Retail

  $3,177,562

Location Insight

City

Riverbank

County

Stanislaus

State

California

Latitude

37.7315

Longitude

-120.959

CBSA code

33700

CBSA name

MODESTO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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