$1,800,000
$1,599,999
12.5%For more information regarding the value of a property, please contact us for a free consultation.
6,175 SqFt
SOLD DATE : 06/30/2022
Key Details
Sold Price $1,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,175 sqft
Price per Sqft $291
MLS Listing ID ML81887231
Sold Date 06/30/22
HOA Y/N No
Year Built 2005
Lot Size 8,158 Sqft
Acres 0.1873
Property Description
This is a NNN INVESTMENT RETAIL PROPERTY. TENANTS PAY ALL EXPENSES OF LANDLORD! . 3 units are occupied. Tenants are Little Ceasars Pizza, Taqueria and a Smoke Shop. All three tenants are on long term leases. Right across from Sierra Community College. One unit 1412 sq.ft. is vacant. Vacant unit is being marketed for lease at $1.75 + NNN. Total sq.ft of building is 6175 sq.ft. Great Property for owner/user or Investment. Better than buying a multi-family property. Cap Rate/Asking Price is on CURRENT 3 tenants with long term leases and they all have options to renew. Building is on a corner signalized lot. Plaza is comprised of retail/medical/office tenants. Sellers have the right to refuse any offer. Submit highest & best offer. Seller's expectation of selling is $1900000. All offer's are welcome.
Location
State CA
County Placer
Area 699 - Not Defined
Zoning commercial
Interior
Cooling Central Air
Fireplace No
Exterior
Roof Type Composition,Tar/Gravel
Total Parking Spaces 20
Building
Water Public
Others
Tax ID 045132014000
Security Features Fire Sprinkler System
Financing Cash
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Bought with RECIP • Century 21 Professionals
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