35 Lindan Ave, Quincy, CA 95971
This exceptional sale-leaseback opportunity presents a 9,384 square foot retail bank building located at 35 S Lindan Ave, Quincy, CA 95971, in Plumas County. The property sits on a 0.67-acre lot and was built in 1995. Currently 100% occupied by a single tenant under an Absolute NNN lease with a corporate guarantee, offering significant investor security. The lease boasts a remaining term of 20 years, with annual rent bumps ranging from 2.0% to 3.0%, ensuring consistent income growth. The asking price is $3,267,022, yielding a 6.75% cap rate and a net operating income (NOI) of $220,524. The tenant is a publicly traded community bank with a strong track record of financial performance and a commitment to its local market. This investment offers a compelling combination of passive income, long-term stability, and appreciation potential in a desirable Northern California location, a short drive from Lake Tahoe, Reno, Nevada, and Sacramento. The lease includes 4 or 5-year renewal options. This is a rare opportunity to acquire a mission-critical property with a strong tenant and a proven investment strategy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.