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    1005 Sutton Way

    Grass Valley, CA 95945
    • $5,500,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 40948566
    UPDATED: 29 min ago
    $5,500,000
    • 0
      BEDS
    • 3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 130,680
      SQFT
    • $42
      $/SQFT
    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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    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-06-18T20:42:51.007.

    www.armariohomes.com/homes/116811438
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    1005 Sutton Way Grass Valley, CA 95945

    • Price: $5,500,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: 40948566
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3
    Acres
    130,680
    SQFT
    $42
    $/SQFT
    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

    Exterior MasonrySiding - Wood Garage Or Parking Common Parking Areas General Desc Of Property Single Tenant Retail Location Shopping CenterBusiness DistrictCommercialFree Standing Parking Spaces Total 100 Roof Other

    Property Features

    Annual Act Expense 0 Annual Actual Net Income 202677 Annual Expense Year 2021 Annual Taxes 0 Building Type Comm Ind For Sale Financial Data Source Owner Gross Oper Actual Inc 202677 Local Government Type Of Business Allowed Net Operating Income 202677 Other Annual Expense 0 Present Use Cvs Pharmacy Primary Use Retail Reports None Special Information None Tenant Expenses Nnn/All Tot Bldg Sq Ft 25208 Total Annual Operating Expenses 0 Zoning Com

    Listing courtesy of Shawn Willis of Income Property Services.


    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-06-18T20:42:51.007.

     
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    Armario Homes Real Estate Team
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