Golden State Auto Center | 1450 Oro Dam Blvd E
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Golden State Auto Center 1450 Oro Dam Blvd E Industriel/Logistique 1 284 m² 90 % Loué À vendre Oroville, CA 95965 1 375 860 € (1 071,22 €/m²) Taux de capitalisation 6,17 %
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Prime Location Adjacent to Oroville Ford and Oroville Auto Center (30,500+ Vehicles Per Day)
- Immediate Income Growth Opportunity from Vacant Units
- Flexible Zoning for Immediate Automotive Sales Use
- 89.9% Occupied with Long-Term and Stable Tenants
- Attractive Proforma Capitalization Rate of 8.47%
- Well-Maintained Property with Minimal Maintenance Requirements
RÉSUMÉ ANALYTIQUE
Golden State Auto Center is a 13,825-square-foot automotive retail property located on a prominent 1.32-acre parcel in Oroville, California.
Strategically situated along Oro Dam Boulevard East, the property benefits from exceptional visibility and high exposure, with daily traffic counts exceeding
30,500 vehicles. It is conveniently positioned adjacent to Oroville Ford and Oroville Auto Center, enhancing its appeal for automotive-related businesses.
Notably, neither neighboring dealership operates a body shop, uniquely positioning Golden State Auto Center to capture local market demand for these
essential services.
Constructed in 1988, the property is currently 89.9% occupied with four stable tenants:
Golden State Auto Body: 7,875 SF, lease expires December 2030
Jiffy Lube: 1,750 SF, lease expires June 2031
Super Tints: 1,750 SF, month-to-month tenancy
Detail Shop: 1,050 SF, lease expires December 2030
Two vacant units totaling 1,400 square feet (a 500 SF office and fenced car lot and a 900 SF storage space) offer immediate opportunities to enhance rental income and
value. The property currently generates a Net Operating Income (NOI) of $92,550, with a projected proforma NOI of $127,110 upon leasing the vacant units. This would
increase the capitalization rate from 6.17% to a strong 8.47%.
The property is designed with low maintenance in mind, featuring durable metal facades, ample concrete parking, prominent monument signage, and specialized
infrastructure, including a heavy-duty debris and contaminants trap. Additionally, the property holds grandfathered zoning permitting automotive sales, allowing for an
immediate opportunity to establish a car lot or vehicle rental company.
Golden State Auto Center is situated within a vibrant commercial corridor supported by robust local demographics. Within a five-mile radius, the population totals
approximately 41,366, with a median household income of $48,226 and a population density of 526 people per square mile. Oroville’s local economy is anchored by
major employers such as Oro health Corporation–Oroville Hospital, Feather Falls Casino, Walmart, and Gold County Casino. The area also benefits from recreational
tourism driven by Lake Oroville, the second largest water reservoir in California, further contributing to economic stability and growth potential.
Strategically situated along Oro Dam Boulevard East, the property benefits from exceptional visibility and high exposure, with daily traffic counts exceeding
30,500 vehicles. It is conveniently positioned adjacent to Oroville Ford and Oroville Auto Center, enhancing its appeal for automotive-related businesses.
Notably, neither neighboring dealership operates a body shop, uniquely positioning Golden State Auto Center to capture local market demand for these
essential services.
Constructed in 1988, the property is currently 89.9% occupied with four stable tenants:
Golden State Auto Body: 7,875 SF, lease expires December 2030
Jiffy Lube: 1,750 SF, lease expires June 2031
Super Tints: 1,750 SF, month-to-month tenancy
Detail Shop: 1,050 SF, lease expires December 2030
Two vacant units totaling 1,400 square feet (a 500 SF office and fenced car lot and a 900 SF storage space) offer immediate opportunities to enhance rental income and
value. The property currently generates a Net Operating Income (NOI) of $92,550, with a projected proforma NOI of $127,110 upon leasing the vacant units. This would
increase the capitalization rate from 6.17% to a strong 8.47%.
The property is designed with low maintenance in mind, featuring durable metal facades, ample concrete parking, prominent monument signage, and specialized
infrastructure, including a heavy-duty debris and contaminants trap. Additionally, the property holds grandfathered zoning permitting automotive sales, allowing for an
immediate opportunity to establish a car lot or vehicle rental company.
Golden State Auto Center is situated within a vibrant commercial corridor supported by robust local demographics. Within a five-mile radius, the population totals
approximately 41,366, with a median household income of $48,226 and a population density of 526 people per square mile. Oroville’s local economy is anchored by
major employers such as Oro health Corporation–Oroville Hospital, Feather Falls Casino, Walmart, and Gold County Casino. The area also benefits from recreational
tourism driven by Lake Oroville, the second largest water reservoir in California, further contributing to economic stability and growth potential.
INFORMATIONS SUR L’IMMEUBLE
CARACTÉRISTIQUES
- Terrain clôturé
- Mezzanine
- Signalisation
- Panneau monumental
- Climatisation
SERVICES PUBLICS
- Éclairage
- Gaz
- Eau
- Égout
- Chauffage
PRINCIPAUX OCCUPANTS Cliquez ici pour accéder à
- OCCUPANT
- SECTEUR D’ACTIVITÉ
- m² OCCUPÉS
- LOYER/m²
- TYPE DE BAIL
- FIN DU BAIL
- Jiffy Lube
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| OCCUPANT | SECTEUR D’ACTIVITÉ | m² OCCUPÉS | LOYER/m² | TYPE DE BAIL | FIN DU BAIL | |
| Jiffy Lube | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
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TAXES FONCIÈRES
| Numéro de parcelle | 035-450-009-000 | Évaluation des aménagements | 619 137 € |
| Évaluation du terrain | 389 827 € | Évaluation totale | 1 008 964 € |
TAXES FONCIÈRES
Numéro de parcelle
035-450-009-000
Évaluation du terrain
389 827 €
Évaluation des aménagements
619 137 €
Évaluation totale
1 008 964 €
ZONAGE
| Code de zonage | MXC (Corridor Mixed Use) |
| MXC (Corridor Mixed Use) |
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Golden State Auto Center | 1450 Oro Dam Blvd E
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