48 Antelope Blvd 3,424 SF Retail Building Red Bluff, CA 96080 $700,000 ($204.44/SF)

The subject property is a 3,424-square-foot freestanding single-tenant restaurant building situated on 0.38 acres of commercially zoned land in Red Bluff, California. The property will be delivered vacant at lease expiration in June 2026, providing a rare opportunity for an owner-user or investor to acquire a well-located, highly visible restaurant asset with repositioning or retenanting potential.
Originally constructed in 1966, the building has been continuously occupied by a single operator—Denny’s—since its development. The long-term tenancy underscores the viability of the location and its sustained traffic patterns. The current operator has announced plans to retire and will not renew the lease, creating a compelling opportunity for a new concept to capitalize on the site’s strategic positioning.
The property is ideally positioned adjacent to the Antelope Boulevard and Interstate 5 interchange, one of the primary access points serving the City of Red Bluff. Strategically located between Interstate 5 and Main Street and adjacent to the Sacramento River, the site benefits from:
• Traffic counts exceeding 19,000 vehicles per day
• Direct proximity to Interstate 5 on/off ramps
• Strong regional and commuter traffic exposure
• Convenient access for both local residents and highway travelers
• Close proximity to downtown Red Bluff amenities
Interstate 5 is the primary north–south transportation corridor on the West Coast, connecting California’s major metropolitan markets. This interchange location captures both local daily traffic and long-distance travel flow, making it highly attractive for quick-service restaurants, drive-thru concepts, coffee operators, fast casual dining, or specialty food users.
The site’s river-adjacent positioning and immediate access to Main Street further enhance its appeal, offering visibility, accessibility, and strong branding potential for a new operator. With the property being delivered vacant in June 2026, investors and users can:
• Re-tenant at market rental rates
• Reposition or modernize the asset
• Convert to an alternative restaurant or retail concept
• Utilize the building for an owner-user operation
• Explore redevelopment potential given its interchange location
The long-standing restaurant history at this location significantly reduces leasing risk for food operators and reinforces the site’s established customer patterns.