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280 Sierra College Dr 1,459 - 2,692 SF Condo Units Offered at $858,399 - $1,667,945 CAD Per Unit in Grass Valley, CA 95945
Executive Summary
Located on "Medical Row" in Western Nevada County's best recognized destination for medical and dental practices, just one-half mile from Dignity health Center.
Data Room Click Here to Access
3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 7 |
| Cap Rate | 6.77% | APN/Parcel ID | 035-540-020 |
| Sale Type | Investment |
| Cap Rate | 6.77% |
| No. Parking Spaces | 7 |
| APN/Parcel ID | 035-540-020 |
Description
First floor well designed medical condo in a fully leased/occupied 25,000 SF professionally managed medical/dental building
Sale Notes
Tenant has occupied the suite since 2016. Lease is NNN with annual rent increases. Lease expires January 31, 2028.
| Sale Type | Investment | No. Parking Spaces | 10 |
| Cap Rate | 6.78% | APN/Parcel ID | 035-540-021 |
| Sale Type | Investment |
| Cap Rate | 6.78% |
| No. Parking Spaces | 10 |
| APN/Parcel ID | 035-540-021 |
Description
First floor well designed medical condo in a fully leased/occupied 25,000 SF professionally managed medical/dental building.
Sale Notes
Tenant has occupied the suite since 2010. Lease is NNN with annual rent increases. Lease expires January 31, 2028.
| Sale Type | Investment | No. Parking Spaces | 12 |
| Cap Rate | 5.77% | APN/Parcel ID | 035-540-022 |
| Sale Type | Investment |
| Cap Rate | 5.77% |
| No. Parking Spaces | 12 |
| APN/Parcel ID | 035-540-022 |
Description
First floor well designed medical condo in a fully leased/occupied 25,000 SF professionally managed medical/dental building.
Sale Notes
Dentist has occupied the suite since 2008. Lease is NNN with annual rent increases. Lease expires June 14, 2028.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 115 | 1,459 SF | Medical | $858,399 CAD ($588.35 CAD/SF) | $58,113.58 CAD |
| Unit 125/105 | 2,287 SF | Office/Medical | $1,346,918 CAD ($588.95 CAD/SF) | $91,353.14 CAD |
| Unit 240 | 2,692 SF | Medical | $1,667,945 CAD ($619.59 CAD/SF) | $96,238.34 CAD |
Unit 115
| Unit Size |
| 1,459 SF |
| Condo Use |
| Medical |
| Price |
| $858,399 CAD ($588.35 CAD/SF) |
| NOI |
| $58,113.58 CAD |
Unit 125/105
| Unit Size |
| 2,287 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,346,918 CAD ($588.95 CAD/SF) |
| NOI |
| $91,353.14 CAD |
Unit 240
| Unit Size |
| 2,692 SF |
| Condo Use |
| Medical |
| Price |
| $1,667,945 CAD ($619.59 CAD/SF) |
| NOI |
| $96,238.34 CAD |
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Unit 115
| Unit Size | 1,459 SF |
| Condo Use | Medical |
| Price | $858,399 CAD ($588.35 CAD/SF) |
| NOI | $58,113.58 CAD |
| Sale Type | Investment |
| Cap Rate | 6.77% |
| No. Parking Spaces | 7 |
| APN/Parcel ID | 035-540-020 |
| Description | |
| First floor well designed medical condo in a fully leased/occupied 25,000 SF professionally managed medical/dental building</li></ul> | |
| Sale Notes | |
| Tenant has occupied the suite since 2016. Lease is NNN with annual rent increases. Lease expires January 31, 2028.</li></ul> |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 125/105
| Unit Size | 2,287 SF |
| Condo Use | Office/Medical |
| Price | $1,346,918 CAD ($588.95 CAD/SF) |
| NOI | $91,353.14 CAD |
| Sale Type | Investment |
| Cap Rate | 6.78% |
| No. Parking Spaces | 10 |
| APN/Parcel ID | 035-540-021 |
| Description | |
| First floor well designed medical condo in a fully leased/occupied 25,000 SF professionally managed medical/dental building.</li></ul> | |
| Sale Notes | |
| Tenant has occupied the suite since 2010. Lease is NNN with annual rent increases. Lease expires January 31, 2028.</li></ul> |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 240
| Unit Size | 2,692 SF |
| Condo Use | Medical |
| Price | $1,667,945 CAD ($619.59 CAD/SF) |
| NOI | $96,238.34 CAD |
| Sale Type | Investment |
| Cap Rate | 5.77% |
| No. Parking Spaces | 12 |
| APN/Parcel ID | 035-540-022 |
| Description | |
| First floor well designed medical condo in a fully leased/occupied 25,000 SF professionally managed medical/dental building.</li></ul> | |
| Sale Notes | |
| Dentist has occupied the suite since 2008. Lease is NNN with annual rent increases. Lease expires June 14, 2028.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 25,000 SF | Floors | 2 |
| Property Type | Office | Typical Floor Size | 12,500 SF |
| Property Subtype | Medical | Year Built | 2008 |
| Building Class | B | Lot Size | 2.18 AC |
| Zoning | CBP | ||
| Total Building Size | 25,000 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 12,500 SF |
| Year Built | 2008 |
| Lot Size | 2.18 AC |
| Zoning | CBP |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Sean M. Rockwell, DDS |
-
|
Jan 0000
|
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280 Sierra College Dr
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