200 Antelope Blvd Red Bluff, CA 96080-2902
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.
§ 25.69 C-2, CENTRAL BUSINESS DISTRICTS. (A) It is intended that this district classification be applied in areas suitable for complete retail business and service to serve a residential community that are designated “C” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “C-2” in the chart mar…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Red Bluff, CA§ 25.69 C-2, CENTRAL BUSINESS DISTRICTS. (A) It is intended that this district classification be applied in areas suitable for complete retail business and service to serve a residential community that are designated “C” on the land use diagram of the city general plan. (B) The specific use regulations set out beneath the column titled “C-2” in the chart marked “commercial zones and permit requirements” in
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.