200 Antelope Blvd Red Bluff, CA 96080-2902

Property Details for 200 Antelope Blvd

Year built

2005

Construction

TILT-UP CONCRETE

Lot size

1.61 lot acres

Property size

2,358 SF

Zone code

C-2

Property type

Turn key restaurants

APN

041-050-023-000

APU

41050023000

Description

This exceptional investment opportunity presents a single-tenant Del Taco fast-food restaurant located at 200 Antelope Blvd, Red Bluff, CA 96080. The property boasts 2,400 square feet on a 1.61-acre lot, offering prime visibility and accessibility due to its strategic location near the intersection of Interstate 5 and Highway 36. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $65,244, resulting in an attractive 4.50% cap rate. The asking price is $1,450,000, significantly below current replacement costs, making this a compelling investment proposition. The property benefits from its location in Red Bluff, the county seat of Tehama County, a regional hub drawing customers from surrounding areas. This thriving location is further enhanced by its proximity to other major commercial tenants such as Starbucks, Burger King, and McDonald's, ensuring high foot traffic and brand recognition. The single-story building is well-maintained and presents a solid foundation for continued success. This is a rare opportunity to acquire a well-performing QSR property in a high-demand location. The property's strong financials, coupled with its desirable location and low price point, make it an ideal addition to any investment portfolio. The property is easily accessible from Interstate-5, providing convenient access for customers and employees.

Location Insight

City

Red Bluff

County

Tehama

State

California

Longitude

-122.221

Latitude

40.1833

CBSA code

39780

CBSA name

RED BLUFF, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments