280 Sierra College Dr - Medical CONDO FOR SALE


Grass Valley, CA 95945
$2,260,000 USD
916-563-3095
280 Sierra College Dr, Grass Valley, CA for Sale
$2,260,000 USD
Medical CONDO - FOR SALE
1/16
null | 7.15% Cap Rate

280 Sierra College Dr
Grass Valley, CA 95945


OVERVIEW

This NNN investment offers passive ownership with the tenant responsible for interior maintenance and the association covering exterior and common areas. With a strong 16 year operating history, 3 percent annual rent increases, and limited medical office supply in the submarket, the property provides stable income backed by a leading national health system.

FOR SALE DETAILS

PRICE

$2,260,000 USD

PRICE/SF

$399 USD /SF

CAP RATE

7.15%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

25,000 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

CBP

APN/PARCEL ID

035-540-022-000

ASK ABOUT THIS PROPERTY

Eric OrtizColliersMore Info
916-563-3095

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Eric OrtizColliersMore Info
916-563-3095

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