Sherwin Williams Shopping Strip

1191 Bridge St, Yuba City, CA 95991

Property Description

Price: $2,068,000
Price Per/SF: $192.91
Land Area: ±40,075 SF
Cap Rate: 6.43%
Gross Leasable Area: ±10,720 SF
Year Built: 1965

Investment Highlights

  • Sherwin-Williams Anchored Three-Tenant Retail Strip — Corporate-Backed Convenience Anchor in a Densely Populated Infill Location
  • Prime Infill Location One Block from Hwy 99, a Regionally Significant Arterial Roadway Connecting Sacramento to Redding with a Combined Traffic Count of Over 53,000 CPD
  • 100% Occupied by an Internet-Resistant, Service-Based Tenant Mix Anchored by Daily-Needs Uses

Rare Northern California Infill Offering

  • Irreplaceable Yuba City Location — Fully Built-Out, Densely Populated Trade Area with Significant Barriers to New Retail Construction
  • Corporate-Backed Sherwin-Williams Anchor — 68% of the GLA Occupied by Sherwin-Williams, (±5,400 Locations Globally, $23.57B in Annual Revenue, BBB Credit Rating by S&P)
  • The Leases Feature 3% Annual Rental Increases, Providing Consistent Income Growth and a Strong Hedge Against Inflation Over the Term
  • 32% of the Center has Rents Significantly Under Market, Allowing for Value-Add Potential in the Future

Pride of Ownership Yuba City

  • One of California’s Fastest-Growing Cities – Yuba City has Been Ranked Among the Fastest-Growing Cities in California According to Recent California Department of Finance Data.
  • Most Rapidly Growing County in California – Sutter County, where Yuba City is Located, has Ranked as the Fastest-Growing County in the State.
  • Affordable Northern California Alternative – Yuba City Offers a Lower Cost of Living Relative to Major California Metros while Maintaining Proximity to Sacramento.
  • Dense, High-Volume Consumer Trade Area — Over ±116,000 Residents Within Five Miles, Providing a Deep Daily-Needs Customer Base for the Center’s Service-Oriented Tenant Mix

Contact Information

Craig Elster
Senior Director Investments
(949) 419-3223
[email protected]
License: CA 01958307

Ron Duong
Ron Duong
Senior Managing Director Investments
(949) 419-3233
[email protected]
License: CA 01438643

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