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Office Building with Modified Triple Net Lease
For Sale
$290,000

740 E Sierra Avenue, Portola, CA 96103

SINGLE_FAMILY - Portola, CA

Property Size1,540 SF
Lot Size0.35 Acres
Price / SF$188.31
Days on Market470

Property Features for 740 E Sierra Avenue

General Information

Property type Residential
Property subtype Office
Zoning Commercial
Exterior features Landscaping
Lot features Level
Subdivision Portola
Standard status Active
APN 125-253-003
Size 1,540 SF
Lot size 0.35 Acres

Utilities

Utilities Propane
Sewer type Public Sewer
Heating system Forced Air, Hot Water(Heating)
Cooling system Central Air

Building Details

Year built 1997
Floors in Building 1
Flooring type Vinyl, Carpet
Building materials Frame, Wood Siding
Roof type Composition
Listing Agency: MOUNTAIN LIVING REAL ESTATE
Listed By: Mark Smith · License #01846012
Added: May 1, 2025 Changed: Jul 29 Last Checked: Aug 13 at 6:06AM
MLS# 20250417

Copyright © 2026 Plumas Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Office building on a 0.35-acre parcel, currently occupied under a five-year modified triple net lease agreement. The property is positioned for visibility along Highway 70 and includes interior finishes such as vinyl and carpet flooring, with forced air and hot water heating and central air cooling.

Construction is described as frame with wood siding and a composition roof. Utilities include propane, and the property is served by public sewer. Exterior noted features include landscaping and a parking area sized to accommodate current needs, with potential for additional parking development on remaining undeveloped land.

Built in 1997, this office building is presented for buyers seeking an income-producing, tenant-occupied asset in Portola’s established business corridor. Viewings are coordinated through the listing agent and are limited to times with agent attendance after business hours, and the tenant should not be disturbed.

Key Highlights

  • 0.35‑acre parcel at 740 E Sierra Avenue, Portola, CA 96103‑9999
  • Tenant‑occupied under a five‑year modified triple net lease agreement
  • 1,540 SF office building built in 1997

Property Analytics

Current Use

Office buildings

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby

Demographics for 96103, CA

1,611
Population
1,773
Households
0.9
Avg Household Size
63
Median Age
30%
College-Educated
99%
High-School Grad
97.3 sq mi
ZIP Area
17
Density / Sq Mi
$66,725
Median Household Income
$45,521
Median Earnings
$1,563
Median Rent
$429,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Tenant-occupied office building on Highway 70 with central air and a five-year modified triple net lease.
Where is this office building located?
The property is located at 740 E Sierra Avenue Portola, CA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 0.35‑acre parcel at 740 E Sierra Avenue, Portola, CA 96103‑9999; Tenant‑occupied under a five‑year modified triple net lease agreement; 1,540 SF office building built in 1997
More about this property
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