Price Upon Req.26,608 SF
Many possibilities for this corner location across the street from the new Superior Courthouse (coming 2015!). This property can be leased, a build-to-suit or a development. Bring us any proposal!
Marcus & Millichap is pleased to present for sale an absolute NNN leased Bank of America within an office building conveniently located at 50 West Main Street in Woodland, CA. The subject property is a freestanding, 16,036-square foot building on approximately 1.86 acres of land. This asset provides an investor with the rare ability to acquire an investment grade tenant in a top tier market. Bank of America offers a true NNN lease that calls for rental increases every five years in each of the 19 remaining options, providing a strong hedge against future inflation risk. Bank of America occupies 62 percent of the building and boasts an investment grade "A" credit rating by Standard & Poor's, and is considered to be one of the "Big 3" in national banks. This location offers walk-up ATMs and a drive through as well. Deposits at this location are one of the strongest in the area at approximately $108,815,000 as of June 2014. The remaining 38 percent of the building is vacant with a Seller guaranteed market rent for two years from COE.
514-516-518 Main Street in Woodland, Ca. 18,397± SF Retail/Office Space. New storefront. Walking distance to restaurants/banks/courthouse.