For Sale
$3,267,022

35 Lindan AveQuincy, CA 95971

High-yield, long-term bank investment.

Overview

Added:
Dec 11, 2024
Days on market:
101

Highlights

  • Sale-leaseback opportunity: 9,384 SF retail bank building on a 0.67-acre lot in Quincy, CA.
  • Absolute NNN lease with corporate guarantee; 20-year term remaining, 2-3% annual rent increases, and 4-5 year renewal options.
  • $3,267,022 asking price, 6.75% cap rate, $220,524 NOI.
  • Tenant is a publicly traded community bank with a strong financial history and consistent growth.
  • Mission-critical property for the tenant, ensuring long-term occupancy.
  • Desirable location near Lake Tahoe, Reno, and Sacramento.

Property Details for 35 Lindan Ave

Property type
Other retail properties, Individual retail properties
Square Feet
9,384 SF
Year Built
1995
Lot Size (sq. ft)
29,185 SF

Location Insight

City
Quincy
County
Plumas
State
California
Latitude
39.9369301
Longitude
-120.9386193
35 Lindan Ave, Quincy, California
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35 Lindan Ave
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