1912 State Highway 65 Wheatland, CA 95692
- Retail space
- 42,000 SF
- 4.84 lot acres
Current Use by Public Records
- Retail space
Property Details for 1912 State Highway 65
- Year built
- 2007
- Construction
- TILT-UP CONCRETE
- Lot size
- 4.84 lot acres
- Property size
- 42,000 SF
- Zone code
- C-3
- Property type
- Retail space
- APN
- 015-640-010-000
- APU
- 15640010000
Description
Settler's Village Center in Wheatland, CA, presents a compelling investment opportunity. This prominent 42,000-square-foot retail center, constructed in 2007, enjoys a prime location directly on CA Highway 65, ensuring high visibility and traffic. The property comprises two buildings, 1912 and 1920, both included in the sale. A significant anchor tenant, Dollar General, occupies the 1920 building, providing stable income and attracting further clientele. The 1912 building is currently undergoing lease-up. The center features a diverse range of versatile spaces suitable for various retail businesses. Recent upgrades include a newer roof and HVAC systems, minimizing immediate maintenance needs. The property sits on a 4.84-acre lot, offering ample space and potential for future expansion or development. This well-maintained shopping center offers a strong return on investment potential due to its location, existing tenancy, and recent improvements. The asking price reflects a substantial price improvement, making this an attractive opportunity for discerning investors seeking a stable and growing retail portfolio addition. The property's strategic location and strong anchor tenant make it an ideal investment for long-term growth and profitability.
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
- Wheatland
- County
- Yuba
- State
- California
- Longitude
- -121.433
- Latitude
- 39.0145
- CBSA code
- 49700
- CBSA name
- YUBA CITY, CA METROPOLITAN STATISTICAL AREA