Net Lease Grocery Store Opportunity

Essential CRE is pleased to present the opportunity to acquire the fee simple interest in Dollar General Market located at 460 Antelope Boulevard - Red Bluff, CA (Tehama County). The subject property was constructed in 1964, renovated in 2014, resides on 1.48 acres of land and is strategically positioned with excellent visibility from Antelope Boulevard. This site benefits from its proximity to Interstate 5 and Downtown Red Bluff as well as limited grocery competition in the immediate trade area, attracting repeat local customers.

DOLLAR GENERAL MARKET CONCEPT: First Established in 2003, Dollar General Market Operates as a Grocer as it Devotes more than 50% of Floor Space to Grocery Products
MAIN RETAIL CENTER: On the East Side of Town with Retail Synergy from Surrounding Tenants; 18,533 Square Foot Building Situated on a Large, 1.48 Acre Parcel
INVESTMENT GRADE CREDIT: Corporate Guarantee by Dollar General Corporation, a Fortune 100 Company (S&P: BBB)
STRATEGIC POSITIONING: Directly East of Interstate 5 (40,000 VPD) & Located off Antelope Blvd (17,327 VPD) in the Main Retail Corridor on the East Side of Town
LIMITED COMPETITION: Only Grocer Located East of the Sacramento River in Red Bluff providing for Essential Needs
STRONG DEMOGRAPHICS: Over 33,000 Residents Living within a 10-Mile Radius with an Average Household Income of over $73,000
RED BLUFF, CA: Located just 25 miles South of Redding, Red Bluff Attracts Visitors Year Round as it Remains the Marketing Center for Livestock and Farm Produce for the Upper Sacramento River Valley

Red Bluff is situated in the northern part of California's Central Valley, approximately 125 miles north of Sacramento, the state capital. It is located along Interstate 5, which serves as a major transportation route through the state. The area around Red Bluff has a rich history dating back to the 19th century. The city was originally a trading post for early pioneers and later became an important stop along the California Trail during the Gold Rush era. Red Bluff is a diverse and close-knit community with various neighborhoods and residential areas. The downtown area retains its historic charm with well-preserved buildings, quaint shops, and local restaurants.
Like many areas in the Central Valley, agriculture plays a significant role in Red Bluff's economy. The region is known for its production of almonds, walnuts, olives, and other crops. Red Bluff is conveniently located along Interstate 5, making it accessible to travelers passing through the state. The city also has a small regional airport, Red Bluff Municipal Airport, serving general aviation. Red Bluff, California, is a town with a mix of historical charm, modern amenities, and a strong sense of community. It offers residents and visitors a variety of recreational opportunities, cultural events, and a glimpse into the region's agricultural heritage.