Property Listing No Longer Available for Sale

4035 Grass Valley Highway, Auburn, CA

Retail for Sale - $1,150,000 - 17,625 Sq. Ft. on 1.4 acres


Property Info

CIMLS#431413
Location
  4035 Grass Valley Highway
  Auburn CA 95602
UpdatedMarch 16th, 2012
TypeRetail
Price$1,150,000
Building17,625 Sq. Ft.
Land1.4 acres

Property Description

• Listed at only $65 PSF, this asset presents a rare “Lender Owned” opportunity to purchase an Auburn retail asset significantly below replacement cost

• At 19% occupancy, purchase as an Owner-User with the intent to occupy the Property and take advantage of historically low owner-user financing

• Purchase as in investor and capitalize on the massive potential income growth due to the lease up of the 14,140 SF of vacancy

• In-place tenant, Beach Hut Deli has historically been one of top performers in chain (over 25+ locations in chain)

• Situated off major north/south thoroughfare SR-49/Grass Valley Highway (29,000 cars per day) provides access to residential and commercial density

• Auburn has a very high barriers to entry and historically low vacancy rates in the immediate trade area


Financials

To download the full marketing package, please visit: www.nrigwest.com/blackforest