1490 Wagstaff Rd Paradise, CA 95969
- Lifestyle centers
- 31,212 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 1490 Wagstaff Rd
- Property size
- 31,212 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paradise
- County
- Butte
- State
- California
- Longitude
- -121.590217
- Latitude
- 39.777441
