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    1490 Wagstaff Rd Paradise, CA 95969

    Sponsored
    For Lease
    Contact for pricing

    Grocery-anchored shopping center; 31,212 sq ft available.

    Lot size:
    31,212 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Paradise Plaza presents a unique investment opportunity in Butte County. This 31,212 square foot shopping center is the only grocery-anchored center in Paradise to have survived a recent fire without damage. The center enjoys a dominant location at the Main & Main hard corner, offering exceptional visibility and accessibility. It boasts abundant parking and an excellent site plan, making it ideal for a variety of uses. Currently, the entire 31,212 square feet is available for lease. The center is anchored by a Save Mart grocery store, which recently completed a $1.7 million interior and exterior remodel. Other established tenants include Mountain Mike's Pizza, T-Mobile, Subway, and Dollar Tree, demonstrating strong existing tenant occupancy and community support. The property's drive-thru pad is particularly well-suited for fast food restaurants, coffee shops, convenience stores, or gas stations. Monument signage is available, further enhancing the marketing potential for new tenants. This is a rare opportunity to acquire a premier retail space in a thriving community, benefiting from a strong anchor tenant and high visibility. The property's resilience and prime location make it an exceptional investment prospect.

    Property Features for 1490 Wagstaff Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,212 SF

    Unit(s) available at that property

    Space
    Retail Pad
    Size
    31,212 SF

    HighLights

    • 31,212 SF drive‑thru pad available.
    • Dominant Paradise shopping center location.
    • Anchored by Save Mart, Dollar Tree, Tractor Supply, and Big Lots.
    • Main & Main hard corner location in Paradise.
    • Suitable for fast food, coffee shops, convenience stores, or gas stations.
    • Excellent site plan and abundant parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paradise
    County
    Butte
    State
    California
    Longitude
    -121.590217
    Latitude
    39.777441

    Nearby Comparable

    • $10 SF/Yr
      68,008 SF

      Paradise Plaza Retail Center

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      6600-6646 Clark Rd, Paradise, CA 95969
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    • $11 SF/Yr
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      Paradise Plaza Anchor Retail Center

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      Retail Space in Paradise Center

      Grocery-anchored retail space available in Paradise, California.
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      Retail Space in Paradise Center

      Grocery-anchored shopping center space available in Paradise, California.
      6626 Clark Rd, Paradise, CA 95969
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    • $1.49 SF/Yr
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      Retail Space in Paradise Center

      Grocery-anchored shopping center space available for lease.
      6616 Clark Rd, Paradise, CA 95969
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    • $0.85 SF/Yr
      32,457 SF

      Paradise Retail Center Space Available

      Retail spaces available in Paradise's dominant shopping center.
      6600-6606 Clark Rd, Paradise, CA 95969
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    • $475 /Mo

      RV Park Space in Paradise, CA

      RV parking spaces for rent in central Paradise, California.
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    • $1,425 /Mo
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      Prime Retail/Office Space Available

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    • $6,000 /Mo
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      Freestanding Retail Building in Paradise

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    Nearby Similar for Lease

    • $475 /Mo

      RV Park Space in Paradise, CA

      RV parking spaces for rent in central Paradise, California.
      1280 Wagstaff Rd, Paradise, CA 95969
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    • $6,000 /Mo
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      Freestanding Retail Building in Paradise

      Retail building with open floor plan, offices, and storage.
      5990 Foster Rd, Paradise, CA 95969
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    • $11 SF/Yr
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      Paradise Plaza Anchor Retail Center

      Grocery-anchored shopping center in Paradise, CA
      6646 Clark Rd, Paradise, CA 95969
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    • $10 SF/Yr
      68,008 SF

      Paradise Plaza Retail Center

      Grocery-anchored retail center in Paradise, CA
      6600-6646 Clark Rd, Paradise, CA 95969
      View Details
    • $1.59 SF/Yr
      5,974 SF

      Retail Space in Paradise Center

      Grocery-anchored retail space available in Paradise, California.
      6640 Clark Rd, Paradise, CA 95969
      View Details
    • $1.29 SF/Yr
      3,511 SF

      Retail Space in Paradise Center

      Grocery-anchored shopping center space available in Paradise, California.
      6626 Clark Rd, Paradise, CA 95969
      View Details
    • $1.49 SF/Yr
      1,193 SF

      Retail Space in Paradise Center

      Grocery-anchored shopping center space available for lease.
      6616 Clark Rd, Paradise, CA 95969
      View Details
    • $0.85 SF/Yr
      32,457 SF

      Paradise Retail Center Space Available

      Retail spaces available in Paradise's dominant shopping center.
      6600-6606 Clark Rd, Paradise, CA 95969
      View Details
    • $1,425 /Mo
      1,500 SF

      Prime Retail/Office Space Available

      Retail/office space in a busy Paradise shopping center.
      6848 Skyway, Paradise, CA 95969
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Grocery-anchored shopping center; 31,212 sq ft available.
    Where is this lifestyle center located?
    The property is located at 1490 Wagstaff Rd Paradise, CA.
    What are key features of this property?
    This property features: 31,212 SF drive-thru pad available.; Dominant Paradise shopping center location.; Anchored by Save Mart, Dollar Tree, Tractor Supply, and Big Lots.
    Request Owner's contact information
    1490 Wagstaff Rd Paradise, CA 95969
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    Paradise, CA 95969
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1490 Wagstaff Rd Paradise, CA 95969
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