Address Not Available
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...
$5,350,000
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Commercial
Property type
1980
Year Built
222036530
Web Id
222036530
MLS ID
Union Hill Elementary
School District
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.

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.

METROLIST MLS

Listing Courtesy of Highland Commercial, Inc.
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