Property summary
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
VerifiedCap rate & NOI
Current use
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Business Service Center Corporate Office
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Discount Store
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Plumbing Service General Contractor
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Barber Shop
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Hair Salon Nail Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C2 · Paradise, CAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C2 in Paradise, CA.
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