Coldwell Banker Commercial Grass Roots Realty is pleased to present 807 South Auburn Street, a ±6,548 SF net-leased showroom/industrial property located in the heart of Grass Valley, CA. Currently leased to Premier Flooring, a trusted local flooring retailer with 32+ years of history, the tenant was recently acquired by Teamshares, a nationally backed platform—offering both stability and long-term credit support.
Offered at $1,530,000 ($233.66/SF), the property generates $115,000/year in net income, equating to a 7.52% cap rate. The lease has 2.5 years remaining, followed by five automatic one-year extensions with 3% annual rent increases, ensuring reliable income growth.
This is a rare opportunity to acquire a high-performing net-leased asset, with deep operational history in a high-demand market with credit-enhanced tenancy and strong real estate fundamentals.