Address Not Available Grass Valley, California 95945 United States
Grass Valley, California 95945 United States
$5,350,000
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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...
- Commercial
- Property type
- 1980
- Year Built
- 222036530
- Web Id
- 222036530
- MLS ID
- 52
- days ago
About Address Not Available
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.
Listing Courtesy of Highland Commercial, Inc.
Listing Courtesy of Highland Commercial, Inc.
features
- Style
- Flat
PROPERTY INFORMATION
- Cooling
- Other
- Heating
- Other
- Parking Description
- Common Area Shared, Lighted
- Sewer
- Public Sewer
- Water
- Irrigation District
EXTERIOR
- Roofing
- Composition, Flat, Other
Listing Courtesy of Highland Commercial, Inc.
