12000 Pioneer Trl - Storefront Retail/Office FOR SALE


Truckee, CA 96161
$6,000,000 USD
530-318-2680
12000 Pioneer Trl, Truckee, CA for Sale
$6,000,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | 5.51% Cap Rate

12000 Pioneer Trl
Truckee, CA 96161


HIGHLIGHTS

  • Located in Popular Sierra Tourist Destination on a Lot Near I-80
  • Commercial/Residential Mixed Use Property with Office/Light Industrial/Residential Units
  • Tenanted by North Tahoe and Truckee’s Largest and Best Auto-Related Business
  • Gross Scheduled Income of $389,040
  • 100% Leased- three commercial suites and four apartments

OVERVIEW

12000 Pioneer Trail is a 13,700 SF mixed-use commercial/residential property on a 98,446 SF lot in the city of Truckee, California. The commercial tenant, The Auto Doctor, is in a vibrant light industrial area called the Pioneer Industrial Park. The Auto Doctor’s second-generation business owner has an excellent local reputation and is an annual award winner for quality service. The business has 1469 reviews and a five-star rating. Additional income is generated from offices and the second-floor apartments with the town’s housing demand far exceeding the supply. The Pioneer Industrial Park has taken on a life of its own with a blend of retail, restaurant, coffee shops, brew pub, light industrial, exercise facilities, and all within walking distance of downtown Truckee. The Auto Doctor is located on Pioneer’s main street for added visibility. Customers enjoy the easy access location and the ability to take care of other Pioneer errands when dropping their car off for tires or an oil change. The property is located in historic Truckee, California, a popular destination for outdoor enthusiasts. The town has grown substantially since its incorporation in 1993 in response to the increased tourist traffic. The town grew from just 8,500 residents in 1990 to well over 16,000 today. Downtown Truckee is just moments from the property.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

5.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

2.26 AC

LAND SF

98,446 SF

ZONING

C-2

APN/PARCEL ID

019-700-021-000

ASK ABOUT THIS PROPERTY

Mark LowensternCompassMore Info
530-318-2680

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Mark LowensternCompassMore Info
530-318-2680

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.