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 | |
| Updated | March 16th, 2012 |
| Type | Retail |
| Price | $1,150,000 |
| Building | 17,625 Sq. Ft. |
| Land | 1.4 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