Red Bluff Shopping Center
235-259 S Main St,
Red Bluff, CA 96080
Tractor Supply Anchored | Value-Add Opportunity
$10,000,000
Price
$800,554
NOI
8.01%
Cap Rate
$96
Price Per SF
104,130
Building SF
Multiple
Tenancy
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$10,000,000
Price
$800,554
NOI
8.01%
Cap Rate
$96
Price Per SF
104,130
Building SF
Multiple
Tenancy
INVESTMENT OVERVIEW
Essential CRE is pleased to present the opportunity to acquire fee simple interest in the Red Bluff Shopping Center. The subject property is a multi-tenant Tractor supply anchored shopping center located in Red Bluff, CA - Tehama County. The shopping center is a 104,130 SF square feet. resides on 10 acres of land and is strategically positioned in downtown Red Bluff. This offering provides an investor with a strong in-place return as well as a genuine value-add opportunity in lease-up of current vacancies coupled with future outparcel development. Both Tractor Supply and Furniture Depot have long, historical operating history at this center highlighting the strength and value of the anchor spaces.
INVESTMENT HIGHLIGHTS
Value-Add Tractor Supply Anchored Shopping Center with Strong, In-Place Cash Flow
Tractor Supply (S&P BBB Stable) has Operated On-Site for 20 Years; Furniture Depot has Operated On-Site for 18 Years
Tenants Benefit from Excellent Exposure, Ample Parking, Monument Signage and Quick Access to Interstate 5
Surrounded by Mix of National Tenants in the Immediate Trade Area; Grocery Outlet, Marshalls Harbor Freight, O'Reilly Auto Parts & AutoZone
MARKET OVERVIEW
Red Bluff is located in Tehama County, California. It's situated in the northern part of the state, approximately 125 miles north of Sacramento. The city lies along Interstate 5, which is a major transportation route connecting California with Oregon to the north and Southern California to the south. The economy of Red Bluff is heavily reliant on agriculture, particularly fruit orchards, vineyards, and cattle ranching. The region's fertile soil and favorable climate make it conducive to farming. Red Bluff is surrounded by natural beauty, with nearby attractions such as the Sacramento River, which offers opportunities for fishing, boating, and kayaking. Nearby parks like the Sacramento River Discovery Center and the William B. Ide Adobe State Historic Park provide recreational activities and opportunities to learn about the area's history.
Due to its location along Interstate 5, Red Bluff serves as a transportation hub for the surrounding region. The city also has an Amtrak station, providing rail service to destinations throughout California and beyond. Red Bluff maintains a strong sense of community, with local events, festivals, and a downtown area featuring shops, restaurants, and historic buildings. Red Bluff offers a blend of agricultural heritage, natural beauty, and recreational opportunities, making it a charming destination in Northern California.
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295
Nick Cole
Vice President of Investments
(925) 482-7044
nick@essentialcre.com
CA 01977282
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