Carriage Sq -East
Market Price
561 N Palora Ave, Yuba City, CA 95991
For Lease
Retail
Strip Center
Active
Last Updated: 12/09/2024
6.26
Cap Rate
483,592
NOI
Details:
Cap Rate: 6.26%
NOI: $483,592
Building Size: 31,645 sqft
Lot Area: 2 acres
Units: 19
Year Built: 1963
Floors: 1
Parking Spots: 248
Highlights:
- 100% leased property
- Located directly off Highway 99 & Bridge St
- Neighbors: Plumas Bank, Habit Burger, Panda Express, T-Mobile, Pieology & Sourdough & Co.
- Pieology & Sourdough & Co Building available for purchase
- Monument signage available
- Below replacement cost at $217 psf
- Rents well below market rents
- Several tenants at end of term with no options. The buyer could immediately increase the NOI
- New roof, facelift paint, & lighting in 2021
- Several suits recently updated
Description:
The subject property is located in the newly redeveloped Carriage Square, right off Highway 99 & Bridge Street. Four brand new buildings with major tenants, including Bank of Feather River, Panda Express, Sprint/T-Mobile, Habit Burger, Pielogoy, & Sourdough & Co. This center just received a remodel, which included new paint (Grey, white & black), a Stucco finish, & upgraded lighting.
The subject property is located in the newly redeveloped Carriage Square, right off Highway 99 & Bridge Street.
1 Space Available
#17, 565, 1 Strip Center
Available:
Immediately
Sublease:
No
SQFT
1,440
Lease Rate:
$0/sqft/mo
Lease Type:
Gross
Available soon
Documents:
| Title | ||
|---|---|---|
| Lease Brochure (L) | ||
| Carriage_Sq_-_East_051322_sm.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
