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F Street, Eureka, CA, 95501

Two Property Portfolio

$3,691,643

Key Information

Tot. SF
26,810
Units
2
Type
Shopping Centers
Occupancy
100%
NOI
$256,692

Highlights

• Two National Tenants – 100% leased to U.S. Bank and American Cancer Society, providing stable cash flow from two nationally recognized organizations.
• Exceptional Tenant Tenure – Combined occupancy exceeds 80 years, including 40+ years by American Cancer Society and decades of occupancy by U.S. Bank, demonstrating long-term commitment to their locations.
• Proven Banking Location – U.S. Bank deposits have increased from $67.6M in 2021 to $85.9M in 2025, including 8.64% year-over-year growth, reflecting a productive and established branch.
• Contractual Rent Growth – Both leases provide annual rent increases, including 2.5% annual bumps for U.S. Bank and CPI-based increases for American Cancer Society, creating built-in income growth.
• Embedded Community Locations – Both tenants provide essential community services and have established deep roots in downtown Eureka, supporting long-term occupancy beyond the current lease terms.
• Strong Discovery Shop Presence – Ownership has indicated local management considers the Eureka Discovery Shop among the organization’s strongest-performing California locations. While not independently verified, the store’s 40+ year operating history reflects a highly established location.
• Prime Downtown Real Estate – Prominent corner locations along F Street provide excellent visibility, accessibility, and enduring underlying real estate value.
• Passive Ownership – NNN and NN lease structures provide limited landlord responsibilities and predictable cash flow.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245