Connectez-vous/S’inscrire
Votre e-mail a été envoyé.
Main Street Professional Center 1097 E Main St Bureau 1 087 m² 2 % Loué À vendre Grass Valley, CA 95945 1 373 901 € (1 264,19 €/m²) Taux de capitalisation 8 %
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 8.00% going-in cap rate on 100%-occupied, in-place income — $1,595,000 ($139/SF)
- ~70% medical tenancy across 9 tenants / 10 suites — no single tenant exceeds ~23% of gross revenue
- ~75% of revenue on month-to-month tenancy for flexible rent resets; anchored by three termed leases, including a new 5-year lease through May 2031
- Directly across from Sierra Nevada Memorial Hospital (Dignity Health)
- Immediate mark-to-market upside — weighted-avg. in-place rents ~8.3% below market; ~28% below hospital-adjacent comps at 150 Catherine Lane
- Three free-standing buildings on 1.12 acres — 44 spaces (3.8/1,000 SF), recently slurried and re-striped
Résumé analytique
Tucker Commercial is pleased to present Main St. Professional Center, an 11,468 SF medical and professional office campus on a 1.12-acre parcel located directly across the street from Sierra Nevada Memorial Hospital (Dignity Health) — the only acute-treatment hospital serving western Nevada County. The property is 100% leased across ten suites to nine tenants and is offered at $1,595,000 ($139/SF), an 8.00% going-in cap rate on in-place income.
Comprising three free-standing buildings, the campus is anchored by a ~70% medical rent roll drawn to the trade area's only acute-care facility for referral flow and physician proximity. With an average suite size of ~1,043 SF, Main St. Professional Center is ideally sized to capture demand from western Nevada County's deep market of small professional and sole-practitioner medical users — a segment with limited competing supply.
The offering pairs an exceptionally strong going-in yield with clear value-add upside. Weighted-average in-place rent sits roughly 8.3% below market and ~28% below the medical rents being achieved one street over on Catherine and Margaret Lane. Approximately 75% of in-place revenue (seven of ten suites) is on month-to-month tenancy, allowing a new owner to mark rents to market immediately, reposition suites to capture premium medical rents, convert leases to NNN, or owner-occupy. The remaining ~25% of revenue is contractually termed — including a newly executed 5-year lease (through May 2031) — providing a stable cash-flow base while the rest of the rent roll is repositioned.
Grass Valley is the commercial, retail and healthcare hub of western Nevada County in the Sierra foothills, ~60 miles northeast of Sacramento via Highway 49. East Main Street is the primary commercial corridor linking the historic downtown to the Hwy 49/20 interchange, and constrained foothill land with slow entitlement continues to limit new commercial supply.
Comprising three free-standing buildings, the campus is anchored by a ~70% medical rent roll drawn to the trade area's only acute-care facility for referral flow and physician proximity. With an average suite size of ~1,043 SF, Main St. Professional Center is ideally sized to capture demand from western Nevada County's deep market of small professional and sole-practitioner medical users — a segment with limited competing supply.
The offering pairs an exceptionally strong going-in yield with clear value-add upside. Weighted-average in-place rent sits roughly 8.3% below market and ~28% below the medical rents being achieved one street over on Catherine and Margaret Lane. Approximately 75% of in-place revenue (seven of ten suites) is on month-to-month tenancy, allowing a new owner to mark rents to market immediately, reposition suites to capture premium medical rents, convert leases to NNN, or owner-occupy. The remaining ~25% of revenue is contractually termed — including a newly executed 5-year lease (through May 2031) — providing a stable cash-flow base while the rest of the rent roll is repositioned.
Grass Valley is the commercial, retail and healthcare hub of western Nevada County in the Sierra foothills, ~60 miles northeast of Sacramento via Highway 49. East Main Street is the primary commercial corridor linking the historic downtown to the Hwy 49/20 interchange, and constrained foothill land with slow entitlement continues to limit new commercial supply.
Informations sur l’immeuble
Type de vente
Investissement ou propriétaire occupant
Type de bien
Bureau
Surface de l’immeuble
1 087 m²
Classe d’immeuble
C
Année de construction
1978
Prix
1 373 901 €
Prix par m²
1 264,19 €
Taux de capitalisation
8 %
RNE
109 912 €
Pourcentage loué
2 %
Hauteur du bâtiment
1 étage
Surface type par étage
1 087 m²
Coefficient d’occupation des sols de l’immeuble
0,45
Surface du lot
0,24 ha
Zonage
C2 - anciennement un condo médical, le propriétaire est ouvert à la location à un usage non médical
Caractéristiques
- Accès 24 h/24
1 1
Moyennement praticable à pied
60/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Plutôt praticable en vélo
40/100
Taxes foncières
| Numéro de parcelle | 035-350-012-000 | Évaluation des aménagements | 775 875 € |
| Évaluation du terrain | 556 914 € | Évaluation totale | 1 332 789 € |
Taxes foncières
Numéro de parcelle
035-350-012-000
Évaluation du terrain
556 914 €
Évaluation des aménagements
775 875 €
Évaluation totale
1 332 789 €
1 sur 53
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Main Street Professional Center | 1097 E Main St
Vous êtes déjà membre ? Connectez-vous
Hum, une erreur s’est produite lors de l’envoi de votre message. Veuillez réessayer.
Merci ! Votre message a été envoyé.