1699-1981 State Highway 273 - Supermarket FOR SALE


Anderson, CA 96007
$18,500,000 USD
415-269-8969
1699-1981 State Highway 273, Anderson, CA for Sale
$18,500,000 USD
Supermarket - FOR SALE
1/18
null | 5.22% Cap Rate

1699-1981 State Highway 273
Anderson, CA 96007


HIGHLIGHTS

  • Value-Add Opportunity with Grocery Anchor
  • Prime Development Opportunity
  • Walmart-Shadowed with Interstate-5 Visibility
  • Recession-Resilient Anchor Tenants with Sales Reporting
  • Limited Competition and Unique Leasing Potential
  • Located in Anderson: A City with Major Regional Pull

OVERVIEW

Shasta Gateway is a value-add, grocery-anchored shopping center along Interstate-5 in Northern California. Across the street from high quality, national retailers such as Walmart, Panda Express, Starbucks, Dutch Bros, Sonic, and more.

FOR SALE DETAILS

PRICE

$18,500,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

5.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shasta Gateway

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

18.97 AC

LAND SF

826,333 SF

ZONING

-

APN/PARCEL ID

202-500-046-000

ASK ABOUT THIS PROPERTY

David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.