North Pointe Shopping Center

$3,495,000

1747 Live Oak Boulevard Yuba City, CA 95991

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About this listing

DESCRIPTION

Coldwell Banker Realty 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.

  • Cap Rate

    4.77%

  • NOI

    $146,937

  • Building Size

    26,300 sqft

  • Lot Area

    99,186 sqft

  • Units

    17

  • Year Built

    1988

  • Zoning

    C-1 & C-2

  • Floors

    1


Details

  • • Average Occupancy Rate: 88.0
  • • Gross Income: $ 333237.0
  • • Lot Size: 2-5 Acres
  • • Sewer: City
  • • Water: City Water

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