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Shopping Strip

Sherwin Williams Shopping Strip

1191 Bridge Street, Yuba City, CA 95991

Listing Price: $2,068,000

Cap Rate
6.43%
Gross SF
10,720
Rentable SF
10,720
Price/Gross SF
$192.91
Lot Size
0.92 acres
Year Built
1965

Investment Overview

--Rare Northern California Infill Offering

-Irreplaceable Yuba City Location — Fully Built-Out, Densely Populated Trade Area with Significant Barriers to New Retail Construction

-Corporate-Backed Sherwin-Williams Anchor — 68% of the GLA Occupied by Sherwin-Williams, (±5,400 Locations Globally, $23.57B in Annual Revenue, BBB Credit Rating by S&P)

-The Leases Feature 3% Annual Rental Increases, Providing Consistent Income Growth and a Strong Hedge Against Inflation Over the Term

-32% of the Center has Rents Significantly Under Market, Allowing for Value-Add Potential in the Future

--Pride of Ownership Yuba City

-One of California’s Fastest-Growing Cities - Yuba City has Been Ranked Among the Fastest-Growing Cities in California According to Recent California Department of Finance Data

-Most Rapidly Growing County in California - Sutter County, where Yuba City is Located, has Ranked as the Fastest-Growing County in the State

-Affordable Northern California Alternative - Yuba City Offers a Lower Cost of Living Relative to Major California Metros while Maintaining Proximity to Sacramento

-Dense, High-Volume Consumer Trade Area — Over ±116,000 Residents Within Five Miles, Providing a Deep Daily-Needs Customer Base for the Center's Service-Oriented Tenant Mix

Investment Highlights

  • Sherwin-Williams Anchored Three-Tenant Retail Strip — Corporate-Backed Convenience Anchor in a Densely Populated Infill Location
  • Prime Infill Location One Block from Hwy 99, a Regionally Significant Arterial Roadway Connecting Sacramento to Redding with a Combined Traffic Count of Over 53,000 CPD
  • 100% Occupied by an Internet-Resistant, Service-Based Tenant Mix Anchored by Daily-Needs Uses

Exclusively Listed By

Financing By

Shopping Strip

Sherwin Williams Shopping Strip

Listing Price: $2,068,000

Cap Rate
6.43%
Gross SF
10,720
Rentable SF
10,720
Price/Gross SF
$192.91
Lot Size
0.92 acres
Year Built
1965

Investment Highlights

  • Sherwin-Williams Anchored Three-Tenant Retail Strip — Corporate-Backed Convenience Anchor in a Densely Populated Infill Location
  • Prime Infill Location One Block from Hwy 99, a Regionally Significant Arterial Roadway Connecting Sacramento to Redding with a Combined Traffic Count of Over 53,000 CPD
  • 100% Occupied by an Internet-Resistant, Service-Based Tenant Mix Anchored by Daily-Needs Uses

Investment Overview

--Rare Northern California Infill Offering -Irreplaceable Yuba City Location — Fully Built-Out, Densely Populated Trade Area with Significant Barriers to New Retail Construction -Corporate-Backed Sherwin-Williams Anchor — 68% of the GLA Occupied by Sherwin-Williams, (±5,400 Locations Globally, $23.57B in Annual Revenue, BBB Credit Rating by S&P) -The Leases Feature 3% Annual Rental Increases, Providing Consistent Income Growth and a Strong Hedge Against Inflation Over the Term -32% of the Center has Rents Significantly Under Market, Allowing for Value-Add Potential in the Future --Pride of Ownership Yuba City -One of California’s Fastest-Growing Cities - Yuba City has Been Ranked Among the Fastest-Growing Cities in California According to Recent California Department of Finance Data -Most Rapidly Growing County in California - Sutter County, where Yuba City is Located, has Ranked as the Fastest-Growing County in the State -Affordable Northern California Alternative - Yuba City Offers a Lower Cost of Living Relative to Major California Metros while Maintaining Proximity to Sacramento -Dense, High-Volume Consumer Trade Area — Over ±116,000 Residents Within Five Miles, Providing a Deep Daily-Needs Customer Base for the Center's Service-Oriented Tenant Mix

Exclusively Listed By

Financing By

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