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    FOR LEASE
    Gas stations

    6646 Clark Rd, Paradise, CA 95969

    36,550 SF 1.08 ac lot Built 1978
    Individually Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-2500677
    6646 Clark Rd, Paradise, CA 95969 For Lease
    $11 SF/Yr
    6646 Clark Rd, Paradise, CA 95969
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    Property summary
    AI-generated overview

    This exceptional 34,043 square foot retail property, located at 6646 Clark Rd in Paradise, CA 95969, presents a unique investment opportunity. The center is the only grocery-anchored shopping center in Paradise to have survived a recent fire without damage, showcasing its robust construction and resilience. The property boasts a strong tenant mix, anchored by a Save Mart grocery store that recently underwent a significant $1.7 million interior and exterior remodel. This upgrade enhances the center's appeal and strengthens its position within the community. Additional tenants include popular and established businesses such as Mountain Mike's Pizza, T-Mobile, Subway, and Dollar Tree, providing a diverse and stable revenue stream. Situated in Butte County, this single-tenant retail center benefits from its location in Paradise, California, a rapidly growing city experiencing significant population expansion. The property's strategic location and established tenant base make it an attractive investment for those seeking a stable and high-performing retail asset in a thriving market. The center's survival of the fire and subsequent tenant improvements underscore its resilience and long-term potential. This is a rare opportunity to acquire a well-established, high-performing retail center in a dynamic and growing California community. The property offers significant upside potential given the ongoing growth of Paradise and the recent improvements made to the anchor tenant.

    Property profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION WITH FOOD MART
    Year built 1978
    Construction TILT-UP CONCRETE
    Total area 36,550 SF
    Lot 1.08 ac (47,044 SF)
    Zoning code C2
    APN 050-400-001-000
    UPID US09-2500677
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Paradise Plaza Business Service Center Corporate Office
    • Big Lots Discount Store
    • Speedy Commercial Plumbing Plumbing Service General Contractor
    • Perm ‘N’ Kuts Barber Shop
    • P K's Haircare Hair Salon Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.43M
    Blend (final) Blend
    $1.48M
    Owner & transaction history
    Ethan Conrad · 3 yrs held
    Ethan Conrad
    since 2023
    7 recorded transactions
    2023
    2023
    2023
    2023
    2018
    2018
    $7.9M
    2005
    Zoning & alternative use
    C2 · Paradise, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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