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1005 Sutton Way

Grass Valley, CA 95945
  • $5,500,000
  • STATUS: Active
  • ON SITE: 88 days
  • ID#: CC40948566
UPDATED: 12 min ago
$5,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1980
County:

School Ratings & Info

Description

$218/s.f. is among the lowest prices per sq. ft. for any NNN retail! Huge upside and a 7% Cap at market rent. The subject offering consists of a single tenant, free-standing CVS Store in the City of Grass Valley, California. The property has been occupied by this tenant since 1980 and the tenant is currently in their fifth, 5-year, option. There is one (1) remaining 5-year option after the expiration of the current term. The property was originally constructed in 1980 as a retail store. The subject property is located in a well-developed commercial area of Grass Valley, California close to Highway 49. Nearby tenants include Safeway, Wells Fargo, Best Western, Walgreens, Rite Aid, Dollar General, Save Mart, Ace Hardware, Taco Bell, KFC (Kentucky Fried Chicken), Round Table, Burger King as well as a State of California Department of Motor Vehicles Office.

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© 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-08-02T13:48:13.96. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass.

Licensed in the State of California.
www.alexbrant.com/homes/116811651
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1005 Sutton Way Grass Valley, CA 95945

  • Price: $5,500,000
  • Status: Active
  • Updated: 12 min ago
  • ID#: CC40948566
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
All Other Counties/States
County:
Nevada
Area:
All Other Counties/States
Property Description
$218/s.f. is among the lowest prices per sq. ft. for any NNN retail! Huge upside and a 7% Cap at market rent. The subject offering consists of a single tenant, free-standing CVS Store in the City of Grass Valley, California. The property has been occupied by this tenant since 1980 and the tenant is currently in their fifth, 5-year, option. There is one (1) remaining 5-year option after the expiration of the current term. The property was originally constructed in 1980 as a retail store. The subject property is located in a well-developed commercial area of Grass Valley, California close to Highway 49. Nearby tenants include Safeway, Wells Fargo, Best Western, Walgreens, Rite Aid, Dollar General, Save Mart, Ace Hardware, Taco Bell, KFC (Kentucky Fried Chicken), Round Table, Burger King as well as a State of California Department of Motor Vehicles Office.
Exterior Features

Construction Type Masonry Exterior Masonry Garage Parking Common Parking Area Location Shopping CenterBusiness District Roof Other

Interior Features

Structure Sq Ft 25208

Property Features

Additional Listing Info Not Applicable Business Name Single Tenant Retail City Name Grass Valley Cross Street Brunswick Lot Size Area Maximum 130680.00 Present Use Retail Restrictions Type Of Business Allowed Zoning Com

© 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Pat Prendiville of Income Property Services.


© 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-08-02T13:48:13.96. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass.

Licensed in the State of California.
 
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