2580 Feather River Blvd - Storefront FOR SALE


Oroville, CA 95965
$11,211,000 USD
415-413-3005
2580 Feather River Blvd, Oroville, CA for Sale
$11,211,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

2580 Feather River Blvd
Oroville, CA 95965


HIGHLIGHTS

  • Leased to Tractor Supply Company (NASDAQ: “TSCO”) for 20 years, plus three (3) five year option periods
  • Relocation from high volume store to expand to new prototype
  • Rare 7% rental increases every five years
  • Tractor Supply is a Fortune 500 company whose net sales for fiscal 2023 increased 2.5% to $14.56B from $14.20B in fiscal 2022

OVERVIEW

High-Visibility Location: This Tractor Supply store is prominently positioned on State Highway 70 and near the signalized intersection of Oroville Dam Boulevard East and Feather River Boulevard, which collectively see nearly 40,000 vehicles travel along them each day Prime Setting: The location features a prime setting in Oroville, a major agriculturally focused town on the east side of the Sacramento Valley, making Tractor Supply Company a very attractive shopping destination Reliable Customer Base: The site greatly benefits from its close proximity to Oroville farms, ranches, and residential neighborhoods, representing a large portion of Tractor Supply’s target customers Beneficial Proximity to Schools: The Northwest Lineman College - Oroville campus, Las Plumas High School, and Oroville High School are located within three miles from the property, providing consistent traffic from the combined 6,833 students that attend these schools Excellent Demographics: 38,901 residents live within a five-mile radius of the subject property, supported by an average annual household income of $73,176 (projected to increase by more than 17% over the next five years) High Tourist Volume: Lake Oroville and the local recreation areas welcome approximately 1,000,000 annual

FOR SALE DETAILS

PRICE

$11,211,000 USD

PRICE/SF

$472 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

82

LAND DETAILS

LAND ACRES

4.7 AC

LAND SF

204,732 SF

ZONING

C-2

APN/PARCEL ID

035-330-012-000

ASK ABOUT THIS PROPERTY

Ryan ForsythCushman & WakefieldMore Info
415-413-3005

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Ryan ForsythCushman & WakefieldMore Info
415-413-3005

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