1554 Ca-99 Gridley, CA 95948
- Lifestyle centers
- 94,542 SF
- 1.34 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 1554 Ca-99
- Lot size
- 1.34 lot acres
- Property size
- 94,542 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Heritage Oaks Shopping Center, a 94,542 square foot grocery-anchored retail center in Gridley, CA, presents a compelling investment opportunity. Strategically located on State Route 99, between Yuba City and Chico, this center boasts a strong tenant mix including Safeway, O'Reilly Auto Parts, Grocery Outlet, and Dollar Tree, along with Anytime Fitness and Huckleberry's. The property offers multiple tenancy options with a minimum divisible space of 900 square feet and a maximum contiguous space of 6,450 square feet. Currently, 18,201 square feet of space is vacant. A significant advantage is the availability of a ±1.34-acre pad site, ideally suited for redevelopment into a gas station or quick-service restaurant (QSR). This pad enjoys high visibility at a signalized intersection of Highway 99 and E. Gridley Road, benefiting from an average traffic count of 24,979 vehicles. The pad's size allows for a large-scale development, and the existing parking area can be reconfigured to optimize traffic flow. This exceptional location offers easy access and high visibility, making it an attractive proposition for businesses seeking a prominent presence on a major highway. The pad is available for sale, ground lease, or build-to-suit arrangements. The center is minutes from historic downtown Gridley.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gridley
- County
- Butte
- State
- California
- Longitude
- -121.687
- Latitude
- 39.3617