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807 S Auburn St 6,548 SF Industrial Building Grass Valley, CA 95945 $1,884,492 CAD ($287.80 CAD/SF) 8.52% Cap Rate
INVESTMENT HIGHLIGHTS
- 32 year operating history as one of the most successful flooring retailers in Nevada County
- 0.57-acre parcel with excellent visibility and access
- 8.52% cap rate with built-in rent escalations
- True NNN Lease – Tenant maintains and pays for insurance, property taxes, and all non-structural maintenance.
- Teamshares-backed tenant – Teamshare’s transfers up to 80% of equity to employees, providing structure which is aligned for long-term success.
- Built in 1982, well-maintained condition
EXECUTIVE SUMMARY
Coldwell Banker Commercial Grass Roots Realty is pleased to present 807 South Auburn Street, a ±6,548 SF net-leased showroom/industrial property located in the heart of Grass Valley, CA. Currently leased to Premier Flooring, a trusted local flooring retailer with 32+ years of occupancy history.
Offered at $1,350,000 ($206.16/SF), the property generates $115,000/year in net income, equating to a 8.52% cap rate. The lease has 2.5 years remaining, followed by five automatic one-year extensions with 3% annual rent increases, ensuring reliable income growth.
This is a rare opportunity to acquire a high-performing net-leased asset, with deep operational history in a high-demand market with credit-enhanced tenancy and strong real estate fundamentals.
Offered at $1,350,000 ($206.16/SF), the property generates $115,000/year in net income, equating to a 8.52% cap rate. The lease has 2.5 years remaining, followed by five automatic one-year extensions with 3% annual rent increases, ensuring reliable income growth.
This is a rare opportunity to acquire a high-performing net-leased asset, with deep operational history in a high-demand market with credit-enhanced tenancy and strong real estate fundamentals.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $822,886 CAD | |
| Land Assessment | $428,972 CAD | Total Assessment | $1,251,859 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$428,972 CAD
Improvements Assessment
$822,886 CAD
Total Assessment
$1,251,859 CAD
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807 S Auburn St
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