Westbridge Village | 1171-1191 Bridge St
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Westbridge Village 1171-1191 Bridge St
10,050 SF 100% Leased Retail Building Yuba City, CA 95991 £1,069,646 (£106/SF) 6.58% Net Initial Yield
Investment Highlights
- Anchored by Sherwin Williams since 1977, a total of 47 plus years!
- Three-Unit Strip Center in part of the larger Westbridge Village Shopping Center.
- Sherwin Williams Recently Remodeled Interior in 2022.
- High Traffic Volumes Exceeding 33,000 VPD.
- Conveniently located off Hwy 99, near Hwy 20.
- Roof & AC Units Replaced in 2016.
Executive Summary
The Ballesteros Group is please to present 1191 Bridge Street, Yuba City, CA in Westbridge Village. This three-unit strip center is fully leased with 10,880/SF of usable space on 0.92 acres. With 31 spaces on the parcel, the property offers ample parking and is conveniently located off Golden State Highway 99 and Highway 20 in Outer Sutter County. With it's recent remodel, Sherwin Williams, has anchored this strip center for the past 40 years. AJ's Sandwiches successfully opened its second location within the strip and did a full restaurant buildout in 2020. Roof and AC units were replaced in 2016. Given the subject properties' ideal commuter central location and close proximity to large employers, an investor will reap the long-term gains of this growing area.
Just 40 miles north of Sacramento, Yuba City is the agricultural, economic, and social hub of the Yuba-Sutter Region. Providing a unique blend of urban amenities and small-town charm, Yuba City’s historic downtown is the perfect backdrop for shopping, entertainment and community events. The local economy is largely based in agriculture facilitating many large companies with a focus on production and manufacturing that services the worldwide market. The city's vast business community extends to its thriving downtown sector where many local businesses reside. With easy access to two state highways, Yuba City not only offers excellent transportation options for businesses, but also serves as an ideal place to live with a short commute to Sacramento
Just 40 miles north of Sacramento, Yuba City is the agricultural, economic, and social hub of the Yuba-Sutter Region. Providing a unique blend of urban amenities and small-town charm, Yuba City’s historic downtown is the perfect backdrop for shopping, entertainment and community events. The local economy is largely based in agriculture facilitating many large companies with a focus on production and manufacturing that services the worldwide market. The city's vast business community extends to its thriving downtown sector where many local businesses reside. With easy access to two state highways, Yuba City not only offers excellent transportation options for businesses, but also serves as an ideal place to live with a short commute to Sacramento
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,050 SF
Building Class
C
Year Built
1961
Price
£1,069,646
Price Per SF
£106
Net Initial Yield
6.58%
NOI
£70,338
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.03
Lot Size
7.00 AC
Opportunity Zone
Yes
Zoning
C-2 - General Business
Parking
76 Spaces (5.24 Spaces per 1,000 SF Leased)
Frontage
134 ft on Bridge St
Amenities
- Pylon Sign
- Signage
Walk Score ®
Very Walkable (83)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 52-040-024 | Improvements Assessment | £549,168 |
Land Assessment | £320,345 | Total Assessment | £869,514 |
PROPERTY TAXES
Parcel Number
52-040-024
Land Assessment
£320,345
Improvements Assessment
£549,168
Total Assessment
£869,514
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Westbridge Village | 1171-1191 Bridge St
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