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Description

As exclusive advisor CBRE, Inc. is pleased to offer for sale a ±17,272 sq. ft. former Rite Aid Drug Store on ±1.3 acres (per Assessor’s roll) in Gridley, California. This offering provides an investment opportunity in Butte County.

 

The most likely investment scenario would be stabilizing the Subject within its existing physical envelope either through a sale to an owner-occupant or a lease.

 

Expressions of interest should be submitted to Randy Getz whose contact information appears at the beginning of the offering memorandum.

Documents

Offering Summary

  • Asking Price
    $2,300,000
  • Price PSF
    $133

Documents

Property Address

1583 State Highway 99
Gridley, CA 95948

Property Details

  • Total Acres
    1
  • Property Type
    Retail
  • Gross Leasable Area
    17,272 SF
  • Available GLA
    17,272 SF
  • Traffic Count
    29,744 AADT
  • Year Built
    2006
  • Parking Ratio
    3.18 per 1,000 SF
  • Total Parking
    55
  • Zoning
    GC (General Commercial)
  • APN
    010-190-033-000
  • Ownership Interest
    Fee Simple

Property Details

Deal Team

Randy Getz profile image
Randy Getz
Executive Vice President Executive Vice President
CA RE Lic. 00828903

Description

As exclusive advisor CBRE, Inc. is pleased to offer for sale a ±17,272 sq. ft. former Rite Aid Drug Store on ±1.3 acres (per Assessor’s roll) in Gridley, California. This offering provides an investment opportunity in Butte County.

 

The most likely investment scenario would be stabilizing the Subject within its existing physical envelope either through a sale to an owner-occupant or a lease.

 

Expressions of interest should be submitted to Randy Getz whose contact information appears at the beginning of the offering memorandum.

Documents

Offering Summary

  • Asking Price
    $2,300,000
  • Price PSF
    $133

Documents

Property Address

1583 State Highway 99
Gridley, CA 95948

Property Details

  • Total Acres
    1
  • Property Type
    Retail
  • Gross Leasable Area
    17,272 SF
  • Available GLA
    17,272 SF
  • Traffic Count
    29,744 AADT
  • Year Built
    2006
  • Parking Ratio
    3.18 per 1,000 SF
  • Total Parking
    55
  • Zoning
    GC (General Commercial)
  • APN
    010-190-033-000
  • Ownership Interest
    Fee Simple

Property Details

Deal Team

Randy Getz profile image
Randy Getz
Executive Vice President Executive Vice President
CA RE Lic. 00828903
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