Skip To Content

Address Not Available By Request

Grass Valley, CA 95945
  • $5,350,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 222036530
Price Reduced
UPDATED: 11 min ago
$5,350,000
  • 0
    BEDS
  • 4.79
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 38,230
    SQFT
  • $140
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

Description

Brunswick Plaza is an approx. 38,230 rentable sq. ft. multi-tenant strip center enjoying full (95%) occupancy. Located in Brunswick Basin-the prime retail hub of Grass Valley, amongst national retailers incl. Rite-Aid, Staples, Wells Fargo, Bank of America, Safeway, CVS & many more. This 3-building complex completed in 1981 sits on two contiguous parcels totaling 4.79 acres & consists of a single-level 9,068 SF building, a split-level structure of 23,645 SF, & a freestanding regional bank building of 5,517 SF. The location, with over 500' of high traffic frontage & above standard parking, drives consistent tenant demand. In addition to a seasoned & stable income stream, the offering provides various value-add opportunities incl. expansion, renovation, re-tenanting and/or repurposing. The center across the street offers NNN rents of $2.25/sf and enjoys full occupancy. The subject property's rents average only $1.11/sf, promising tremendous upside returns with any value-add effort taken.

Monthly Payment Calculator



Metrolist MLS logo © 2022 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 2022-05-26T15:58:16.297. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.dcrealtorteam.com/homes/127105852
Print Image

Address Not Available By Request Grass Valley, CA 95945

  • Price: $5,350,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 11 min ago
  • MLS #: 222036530
0
Beds
0
Baths
0
½ Baths
4.79
Acres
38,230
SQFT
$140
$/SQFT
1980
Built
Neighborhood:
Grass Valley
County:
Nevada
Area:
Grass Valley
Property Description
Brunswick Plaza is an approx. 38,230 rentable sq. ft. multi-tenant strip center enjoying full (95%) occupancy. Located in Brunswick Basin-the prime retail hub of Grass Valley, amongst national retailers incl. Rite-Aid, Staples, Wells Fargo, Bank of America, Safeway, CVS & many more. This 3-building complex completed in 1981 sits on two contiguous parcels totaling 4.79 acres & consists of a single-level 9,068 SF building, a split-level structure of 23,645 SF, & a freestanding regional bank building of 5,517 SF. The location, with over 500' of high traffic frontage & above standard parking, drives consistent tenant demand. In addition to a seasoned & stable income stream, the offering provides various value-add opportunities incl. expansion, renovation, re-tenanting and/or repurposing. The center across the street offers NNN rents of $2.25/sf and enjoys full occupancy. The subject property's rents average only $1.11/sf, promising tremendous upside returns with any value-add effort taken.
Exterior Features

Construction Materials Frame Dock Doors 0 Loading Other Num Of Floors 0 Parking Features Common Area SharedLighted Roof CompositionFlatOther Total Parking Spaces 208.00

Interior Features

Cooling Other Flooring Other Heating Other Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 8661 Retail Sq Ft 29569 Warehouse Sq Ft 0

Property Features

Building Features Major TenantMultiple Tenant Building Business Type Commercial Current Use Retail Electric Separate Electric Meter Income Includes Rent Lease Deposit 0 Location Airport NearbyFreeway NearbyRestaurant NearbyShopping NearbyStrip Center Num Of Offices 0 Num Of Tenants 0 Property Subtype Retail Property Type Commercial Sale Sewer Public Sewer Special Listing Conditions None Structure Mixed UseRetailStrip Center Tenant Pays Other Utilities Other Water Source Irrigation District Year Renovated 1905 Zoning C-2

Metrolist MLS logo Listing provided courtesy of Highland Commercial, Inc.: . Listing information © 2022 MetroList Services, Inc.


Metrolist MLS logo © 2022 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 2022-05-26T15:58:16.297. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
https://bt-photos.global.ssl.fastly.net/sacramento/orig_boomver_1_222036530-2.jpg https://bt-photos.global.ssl.fastly.net/sacramento/orig_boomver_1_222036530-2.jpg https://bt-photos.global.ssl.fastly.net/sacramento/orig_boomver_1_222036530-2.jpg
Logo
DC & Associates with PMZ Real Estate
3516 Deer Park Dr
Stockton CA, 95219