Shasta Gateway

Shasta Gateway is a Value-add, grocery-anchored shopping center along Interstate-5 in Northern California. Across the street from high quality, national retailers such as Walmart, Panda Express, Starbucks, Dutch Bros, Sonic, and more.

Price:

$18,500,000

Cap Rate:

5.08%

NOI:

$939,147

Category:

Shopping Center

Location:

Anderson, CA

Building Size (SF):

164,905

Lot Size (Acres)

18.87

Built:

1990

Contact Agent:

Dave Lucas

(415) 269-8969

dave@monarchcommercial.com

CA DRE# 01389761

NV RED# 10011411

Contact Agent:

Brandon Norton

(925) 286-5049

brandon@monarchcommercial.com

CA DRE# 01985777

ADRE #BR710308000

Contact Agent:

Highlight
This is an ideal value add opportunity with 40% vacancy, a developable outparcel, and low rents.

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