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Jiffy Lube 905 Hartnell Ave

2,940 SF Retail Building Redding, CA 96002 £1,149,060 (£391/SF) 5.80% Net Initial Yield

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.

ATTACHMENTS

Presentation.905 Hartnell Ave

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
£1,149,060
Price Per SF
£391
Net Initial Yield
5.80%
NOI
£66,658
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
0.59 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - Auto Related - Commercial - Auto Related

AMENITIES

  • Signage
  • Drive Thru
  • Air Conditioning
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Walk Score®
Very Walkable (75)
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.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Dutch Bros. Coffee
Tri Counties Bank
Black Bear Diner
The Habit Burger Grill
IHOP
TD Ameritrade
Safeway
Starbucks
Denny's
Golden 1 Credit Union

PROPERTY TAXES

Parcel Number 068-020-033-000 Improvements Assessment £505,272
Land Assessment £168,424 Total Assessment £673,696

PROPERTY TAXES

Parcel Number
068-020-033-000
Land Assessment
£168,424
Improvements Assessment
£505,272
Total Assessment
£673,696
(310) 880-3888

CONTACT

  • Listing ID: 34139236

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: 905 Hartnell Ave, Redding, CA 96002

The Retail Property at 905 Hartnell Ave, Redding, CA 96002 is currently available for sale. Contact Re/Max Of Santa Clarita for more information.

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Jiffy Lube | 905 Hartnell Ave
(310) 880-3888 x

Jiffy Lube | 905 Hartnell Ave

Sean Daryani

(310) 880-3888

(310) 880-3888

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