80 Main St Quincy, CA 95971

Property Details for 80 Main St

Year built

1981

Construction

WOOD

Lot size

0.30 lot acres

Property size

3,496 SF

Zone code

C2

Property type

Commercial real estate

APN

115-291-006-000

APU

115291006000

Description

This 3,496 sq ft Class B medical office building in Quincy, CA, is a sale-leaseback opportunity with a 100% occupancy rate. The property, located at 80 Main St, sits on a 0.3-acre lot and boasts a strong corporate guarantee from Plumas District Hospital (PDH), a critical access hospital with 16 licensed beds and over 235 employees. The building, constructed in 1981, benefits from a triple-net (NNN) lease with a month-to-month option subject to landlord approval, and features annual rent bumps of 3%. The current Net Operating Income (NOI) is $50,342, resulting in an attractive 7.5% capitalization rate. PDH has recently invested millions in facility upgrades, including new equipment and a new skilled nursing facility. The strategic location on Main Street, near the high school and a major grocery-anchored shopping center, ensures strong visibility and accessibility. This presents a compelling investment opportunity for 1031 exchange buyers or first-time healthcare investors seeking a small-price-point deal with a high-quality tenant and significant upside potential. The property's proximity to Lake Tahoe, Reno, and Sacramento further enhances its appeal.

Location Insight

City

Quincy

County

Plumas

State

California

Longitude

-120.939

Latitude

39.9373

Property Tax & Assessments