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Address Not Available By Request

Grass Valley, CA 95945
  • $4,785,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 222125741
Price Reduced
UPDATED: 86 min ago
$4,785,000
  • 0
    BEDS
  • 2.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 35,000
    SQFT
  • $137
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2021
County:
Area:

School Ratings & Info

Description

A single-tenant triple-net leased new 35,000 SF high-bay manufacturing/warehousing building situated on a 2.19 acre parcel only two blocks from the Nevada County Airport. Built to top Cal Green specifications for superior energy efficiency including automated LED lighting, high R-level insulation, Lennox high efficiency package units providing heating and cooling throughout the entire structure, and 1200 Amp 3 phase electrical service. New 5-year true NNN lease to Skyler Electric, one of the largest power provisioning companies in the Western U.S. serving the telecommunications, utility, UPS, and solar markets. This offering is situated in Nevada County in the Greater Sacramento Region, an exceptionally tight market with industrial vacancy of only 1.5% and formidable barriers to entry including a severe lack of industrial zoned development sites. Priced at an in-place 5.26% cap ($137/sf), with annual rent bumps, this offering represents a hands-off stable investment in the enormously expanding industrial sector with massive appreciation potential in an otherwise volatile economy.

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Metrolist MLS logo © 2023 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2023-02-03T22:39:18.217. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.findmyhomeroseville.com/homes/133645779
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Address Not Available By Request Grass Valley, CA 95945

  • Price: $4,785,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 86 min ago
  • MLS #: 222125741
0
Beds
0
Baths
0
½ Baths
2.19
Acres
35,000
SQFT
$137
$/SQFT
2021
Built
Neighborhood:
Grass Valley
County:
Nevada
Area:
Grass Valley
Property Description
A single-tenant triple-net leased new 35,000 SF high-bay manufacturing/warehousing building situated on a 2.19 acre parcel only two blocks from the Nevada County Airport. Built to top Cal Green specifications for superior energy efficiency including automated LED lighting, high R-level insulation, Lennox high efficiency package units providing heating and cooling throughout the entire structure, and 1200 Amp 3 phase electrical service. New 5-year true NNN lease to Skyler Electric, one of the largest power provisioning companies in the Western U.S. serving the telecommunications, utility, UPS, and solar markets. This offering is situated in Nevada County in the Greater Sacramento Region, an exceptionally tight market with industrial vacancy of only 1.5% and formidable barriers to entry including a severe lack of industrial zoned development sites. Priced at an in-place 5.26% cap ($137/sf), with annual rent bumps, this offering represents a hands-off stable investment in the enormously expanding industrial sector with massive appreciation potential in an otherwise volatile economy.
Exterior Features

Construction Materials See Remarks Dock Doors 0 Loading See Remarks Num Of Floors 0 Parking Features See Remarks Roof See Remarks Total Parking Spaces 0.00

Interior Features

Cooling See Remarks Flooring See Remarks Heating See Remarks Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 1200 Retail Sq Ft 0 Warehouse Sq Ft 0

Property Features

Building Features See Remarks Business Type CommercialOther Electric Master Electric Meter Income Includes See Remarks Lease Deposit 0 Location Airport NearbyIndustrial AreaSee Remarks Num Of Offices 0 Num Of Tenants 0 Property Subtype Industrial Property Type Commercial Sale Sewer Public Sewer Special Listing Conditions None Tenant Pays See Remarks Utilities Master Gas MeterMaster Water Meter Water Source Public Year Renovated 0 Zoning M-1

Metrolist MLS logo Listing provided courtesy of Highland Commercial, Inc.: . Listing information © 2023 MetroList Services, Inc.


Metrolist MLS logo © 2023 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2023-02-03T22:39:18.217. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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