Carl's Jr. 6360 Westside Rd Local commercial 372 m² À vendre Redding, CA 96001 2 847 393 € (7 656,53 €/m²) Taux de capitalisation 5 %

* Multi-Parcel Opportunity – Westwood Village includes 4 separate parcels including a free-standing pad building near the signalized intersection, Waffle Bite – presenting the potential for a future pad sale and an opportunity to reposition the Waffle Bite pad into a higher and better use – the Carl’s Jr. drive-thru pad is also available for purchase

* Unmatched Lease Up Opportunity – At 41% occupancy, 58,445 SF is currently vacant, including second generation grocery (30,000 SF) and pharmacy (18,648 SF to be former Rite Aid) anchor spaces available for backfill. Westwood Village presents a unique upside opportunity for investors, and the ability to curate the optimal tenant mix, unmatched in today’s market

* Outsized Income Growth – Due to vacant space lease-up, below market rents rolling to market, and embedded rental escalations the Net Operating Income is expected to increase more than $938,300 (243%) upon stabilization and $1,018,000 (264%) over the expected hold period, producing a robust Compound Annual Growth Rate (CAGR) exceeding 29.5%

* Established Retail Center and Location – With its past and current national and regional tenancy, Westwood Village and its location have proven retail viability, benefitting the ability to lease-up the vacancy

* The current tenancy includes Dollar Tree, O’Reilly Auto Parts, Subway, Metro by T-Mobile, Round Table Pizza, and Carl’s Jr. (also available for purchase)

* 11 tenants totaling 34,788 SF (85% of the leased GLA) have occupied the center for 10+ years with 6 tenants totaling 15,456 SF (38% of the leased GLA) 20+ years including Subway, O’Reilly Auto Parts, and Round Table Pizza – Carl’s Jr. (also available for purchase) has been at the center since 1981 (nearly 44 years!)