200 Antelope BlvdRed Bluff, CA 96080

Property Details for 200 Antelope Blvd

Year built

2005

Construction

TILT-UP CONCRETE

Lot size

1.61 AC

Property size (Sq ft)

2,358 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Turn key restaurants

APN

041-050-023-000

APU

41050023000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $624,697

  6.5%

  $576,643

  7%

  $535,454

• Comparable approach

  Method

  Valuation

  Relative Method

  $848,422

  Geo Method

  $848,422

• Alternative Use

  Use

  Valuation

  Residential

  $486,420

  Hospitality

  $445,558

  Educational

  $370,699

  Medical

  $383,448

  Retail

  $576,643

Location Insight

City

Red Bluff

County

Tehama

State

California

Latitude

40.1833

Longitude

-122.221

CBSA code

39780

CBSA name

RED BLUFF, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].