$1,800,000
$1,599,999
12.5%For more information regarding the value of a property, please contact us for a free consultation.
6,175 SqFt
SOLD DATE : 06/30/2022
Key Details
Sold Price $1,800,000
Property Type Commercial
Sub Type Commercial Property
Listing Status Sold
Purchase Type For Sale
Square Footage 6,175 sqft
Price per Sqft $291
MLS Listing ID ML81887231
Sold Date 06/30/22
Year Built 2005
Lot Size 8,160 Sqft
Property Description
This is a NNN INVESTMENT RETAIL PROPERTY. TENANTS PAY ALL EXPENSES OF LANDLORD! . 3 units are occupied. Tenants are Little Ceasars Pizza, Taqueria and a Smoke Shop. All three tenants are on long term leases. Right across from Sierra Community College. One unit 1412 sq.ft. is vacant. Vacant unit is being marketed for lease at $1.75 + NNN. Total sq.ft of building is 6175 sq.ft. Great Property for owner/user or Investment. Better than buying a multi-family property. Cap Rate/Asking Price is on CURRENT 3 tenants with long term leases and they all have options to renew. Building is on a corner signalized lot. Plaza is comprised of retail/medical/office tenants. Sellers have the right to refuse any offer. Submit highest & best offer. Seller's expectation of selling is $1900000. All offer's are welcome.
Location
State CA
County Placer
Area Rocklin-East Zip 95677
Building/Complex Name Rocklin Sierra Retail Plaza
Zoning commercial
Interior
Heating Other
Cooling Central AC
Exterior
Parking Features Common Parking Area
Utilities Available Public Utilities
Roof Type Composition,Tar and Gravel
Present Use Retail
Building
Foundation Concrete Slab
Sewer Sewer Connected
Water Public, Water On Site
Others
Restrictions Other
Tax ID 045-132-014-000
Security Features Fire System - Sprinkler
Special Listing Condition Not Applicable
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