Share This Listing

Message

949 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Jiffy Lube 905 Hartnell Ave 2,940 SF Retail Building Redding, CA 96002 $1,388,000 ($472.11/SF) 6.05% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Free-Standing, Drive-Through Building with Excellent Visibility.
  • Significant 1031 Exchange Investment for your picky Investors. NNN Investment and Tenant pays all expenses.
  • Brand-New Lease for 10 years with a two (2) five-year option to renew.

EXECUTIVE SUMMARY

This is a great opportunity to own an excellent property on a heavily trafficked street. The subject property comprises a 26,136 SF Lot size and 2,940 SF building, with excellent exposure along Hartnell St. The property has exceptional visibility with a long-term National Tenant. Jiffy Lube Center tenant will sign a brand-new lease for 10 years with a two (2) five-year option before closing escrow. Easy access, free-standing, drive-through building with excellent visibility. Significant 1031 exchange investment for your picky investors. NNN Investment and Tenant pays all expenses. Absolute pride of ownership. Please call 310-880-3888 or email Sean@SoCalPowerHouse.com for any additional questions or information.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,940 SF
Building Class
C
Year Built
1994
Price
$1,388,000
Price Per SF
$472.11
Cap Rate
6.05%
NOI
$84,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.59 AC
Opportunity Zone
Yes
Zoning
Commercial - Auto Related - Commercial - Auto Related

AMENITIES

  • Signage
  • Drive Thru
  • Air Conditioning
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Dutch Bros. Coffee
Tri Counties Bank
Crunch Fitness
Black Bear Diner
Golden 1 Credit Union
TD Ameritrade
Denny's
Safeway
Starbucks
Wells Fargo Home Mortgage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
068-020-033-000
Land Assessment
$216,485
Improvements Assessment
$649,458
Total Assessment
$865,943
  • Listing ID: 34139236

  • Date on Market: 12/9/2024

  • Last Updated:

  • Address: 905 Hartnell Ave, Redding, CA 96002

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}