5020 Rhonda RdAnderson, CA 96007

Property Details for 5020 Rhonda Rd

Year built

2006

Lot size

1.28 AC

Property size (Sq ft)

10,500 SF

Property type

Retail properties

Property subtype

Retail space

APN

086-520-021-000

APU

86520021000

Description

This exceptional 10,500 square foot retail shopping center, located at 5020 Rhonda Road in Anderson, California (zip code 96007), presents a unique investment opportunity. Currently, 900 square feet of retail space is available for lease within this thriving multiple-tenancy center. The property boasts a strong anchor tenant, Walmart SuperCenter, and is strategically positioned along Interstate 5, near Highway 237, ensuring high visibility and accessibility. This prime location places the center within a well-established regional shopping area in Northern California's Great Central Valley. The center enjoys a diverse tenant mix, including national and regional brands such as Starbucks, Panda Express, Sonic Burger, GameStop, Sally Beauty, and Members 1st Credit Union. Anderson, California, is recognized for its safe environment, affordable housing, quality education, and a growing business and industrial sector. The property is situated in Shasta County and offers excellent potential for businesses seeking a high-traffic location within a vibrant community. The available 900 square feet provides a flexible space suitable for a variety of retail uses. This is an exceptional opportunity to establish or expand your business in a thriving retail environment.

• CAP approach

  CAP return

  Valuation

  6%

  $2,781,728

  6.5%

  $2,567,749

  7%

  $2,384,339

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,777,959

  Geo Method

  $3,777,959

• Alternative Use

  Use

  Valuation

  Residential

  $2,165,992

  Hospitality

  $1,984,038

  Educational

  $1,650,696

  Medical

  $1,707,466

  Retail

  $2,567,749

Location Insight

City

Anderson

County

Shasta

State

California

Latitude

40.433

Longitude

-122.29

CBSA code

39820

CBSA name

REDDING, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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