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For Sale

North Pointe Shopping Center

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$3,250,000

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17 Units

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Yuba City, CA

Property Overview

Coldwell Banker is pleased to present the opportunity to acquire a highly visible, income-producing retail center located on two parcels, 1747 Live Oak Boulevard and 451 Queens Avenue positioned in the heart of Yuba City, California.

 

This well-positioned strip mall is situated on a prominent commercial corridor with strong traffic counts and excellent exposure. The property sits on a ± 2.27-acre parcel and offers ±26,300 square feet of gross leasable area across multiple suites, providing stable in-place income and future lease-up or repositioning upside.

 

Currently configured with a diverse tenant mix of local and regional businesses, North Pointe Shopping Center offers a balanced combination of service-oriented and retail uses. Ample on-site parking, prominent signage, and multiple points of ingress and egress enhance convenience and visibility for customers and tenants alike. The property is zoned for commercial use, allowing a wide range of potential tenants and uses.

 

Recent improvements include upgraded HVAC systems, exterior painting, and ongoing unit renovations, ensuring minimal capital expenditures for a new owner. Strategically located near residential neighborhoods, schools, and other retail anchors, the property benefits from a steady consumer base and strong daytime foot traffic. The area continues to experience steady economic growth and population expansion, making it a compelling market for investors seeking yield, stability, and long-term appreciation.

 

1747 Live Oak Boulevard & 451 Queens Avenue represents a rare opportunity to acquire a well-maintained retail asset in a thriving Northern California submarket with value-add potential and stable cash flow.

PRICE/FOOT:

$133

PRICE/UNIT:

$205,588

GRM:

10.49

CAP RATE:

4.77%

Map Location

Let's Connect

ADDRESS
2001 VAN NESS AVENUE, SUITE 300
SAN FRANCISCO, CA 94109

PHONE NUMBER
+1 415.716.4579

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