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Investment Highlights

  • Heavy daytime traffic
  • Value-add component
  • NNN Investment
  • 100% Leased

Executive Summary

In 2021, the California & Main Retail Center experienced a fire. Since then, ownership has invested over $1,000,000 in restoration and upgrades, returning the asset to optimal condition and elevating curb appeal and functionality. Additional recent owner work, new A/C units, landscape/tree trimming, and fresh parking lot paint/striping, further improves day-to-day operations and tenant/visitor experience. The final two vacancies have now been leased, so the center is 100% occupied and stabilized. One of the largest suites, originally leased during the COVID period, remains under market, and is the first lease to roll, creating an immediate mark-to-market opportunity for a new owner.
Positioned at the hard corner of California St & Main St in Woodland, the property totals 25,626± SF on 1.81± acres, with 82 striped parking spaces and visibility along two key arterials (approx. 15,000 VPD). Originally built in 1962 and renovated in 1995, the center has benefited from ongoing façade, paving, landscaping, and mechanical enhancements. The tenant mix delivers daily-needs convenience (e.g., Subway, Taco Joe’s Café, barbershop, dental clinic, children’s activity center, resale retail), supporting durable traffic and income. The asset is offered at $4,750,000, reflecting a 7.62% cap rate on 2026 NOI of $362,000, a compelling stabilized return with near-term upside via rent resets on rollover.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
29,636 SF
Building Class
C
Year Built
1995
Price
$4,750,000
Price Per SF
$160.28
Cap Rate
7.62%
NOI
$361,950
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.80 AC
Zoning
C-2 - Commercial
Parking
82 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
404’ on California St

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -
  • -

Subway began in 1965 when Fred DeLuca opened Pete's Super Submarines in Bridgeport, Connecticut with financing help from Peter Buck. The company pioneered the fast-casual restaurant model focused on customizable submarine sandwiches. After expanding through franchising since 1974, it now maintains dual headquarters in Connecticut and Florida while operating thousands of locations worldwide. The menu features made-to-order subs, wraps, salads and baked goods with fresh ingredients. Though now a global brand, its Connecticut roots remain central to the company's identity.

  • Health Care and Social Assistance
  • -
  • $10.80
  • Triple Net
  • Mar 2030

The Kids Clubhouse offers a dynamic environment designed to engage children’s creativity and provide a wide range of entertainment for kids ages 10 and under, as well as their parents.

  • Thrift Center
  • Retailer
  • -
  • -
  • Triple Net
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - - - -
Health Care and Social Assistance - $10.80 Triple Net Mar 2030
Thrift Center Retailer - - Triple Net -
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

Walmart Neighborhood Market
Bank of America
U.S. Bank
Nugget Markets
Planet Fitness
America First Credit Union
Bank of Montreal
Columbia Bank
L & L Hawaiian Barbeque
Starbucks

Property Taxes

Property Taxes

Parcel Number
064-140-015-000
Land Assessment
$1,428,757
Improvements Assessment
$3,341,911
Total Assessment
$4,770,668
  • Listing ID: 39390090

  • Date on Market: 2/10/2026

  • Last Updated:

  • Address: 106-108 W Main St, Woodland, CA 95695

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