807 S Auburn St - Showroom FOR SALE


Grass Valley, CA 95945
$1,530,000 USD
530-272-7222
807 S Auburn St, Grass Valley, CA for Sale
$1,530,000 USD
Showroom - FOR SALE
1/47
null | 7.52% Cap Rate

807 S Auburn St
Grass Valley, CA 95945


HIGHLIGHTS

  • 32 year operating history as one of the most successful flooring retailers in Nevada County
  • True NNN Lease – Tenant maintains and pays for insurance, property taxes, and all non-structural maintenance.
  • 0.57-acre parcel with excellent visibility and access
  • Teamshares-backed tenant – Teamshare’s transfers up to 80% of equity to employees, providing structure which is aligned for long-term success.
  • 7.52% cap rate with built-in rent escalations
  • Built in 1982, well-maintained condition

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,530,000 USD

PRICE/SF

$234 USD /SF

CAP RATE

7.52%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.57

LAND SF

24,829

ZONING

M-1

APN/PARCEL ID

029-310-008-000,029-310-009-000

ASK ABOUT THIS PROPERTY

Tyson TuckerColdwell Banker Commercial Grass RootsMore Info
530-272-7222

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Tyson TuckerColdwell Banker Commercial Grass RootsMore Info
530-272-7222

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