For Sale
$3,267,022
35 Lindan Ave Quincy, CA 95971
High-yield, long-term bank investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Sale-leaseback opportunity: 9,384 SF retail bank building on a 0.67-acre lot in Quincy, CA.
- Absolute NNN lease with corporate guarantee; 20-year term remaining, 2-3% annual rent increases, and 4-5 year renewal options.
- $3,267,022 asking price, 6.75% cap rate, $220,524 NOI.
- Tenant is a publicly traded community bank with a strong financial history and consistent growth.
- Mission-critical property for the tenant, ensuring long-term occupancy.
- Desirable location near Lake Tahoe, Reno, and Sacramento.
Property Details for 35 Lindan Ave
- Property type
- Retail properties, Banks
- Square Feet
- 9,384 SF
- Year Built
- 1995
- Lot Size (sq. ft)
- 29,185 SF
Location Insight
- City
- Quincy
- County
- Plumas
- State
- California
- Latitude
- 39.9369301
- Longitude
- -120.9386193
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, long-term bank investment.
- Where is the retail property located?
- The property is located at 35 Lindan Ave Quincy, CA.
- What is the asking price?
- The asking price for this property is $3,267,022.
- What are key features of this property?
- This property features: Sale-leaseback opportunity: 9,384 SF retail bank building on a 0.67-acre lot in Quincy, CA.; Absolute NNN lease with corporate guarantee; 20-year term remaining, 2-3% annual rent increases, and 4-5 year renewal options.; $3,267,022 asking price, 6.75% cap rate, $220,524 NOI.
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