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Office For Sale • 36,663 SF
| RARE INVESTMENT GRADE DMV TENANT (34+ YEARS OF OCCUPANCY) |
| SELLER WILL PROVIDE A 12-MONTH LEASEBACK OR TI CREDIT ($393,000) ON PLACER COUNTY'S SUITE AFTER EXPIRATION |
| VALUE-ADD OPPORTUNITY TO INCREASE NOI TO A PROFORMA 9.62% CAP RATE BY CONVERTING TO NNN LEASES |
| RECENT CAPEX ITEMS AND IMPROVEMENTS UNDERWAY |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Auburn Department of Motor Vehicles | 5,338 SF | |
| Farmers Insurance | 1,046 SF | |
| Flaunt, Inc. | 1,880 SF | |
| Placer County Children's System Of Care | 20,237 SF | |
| Upper Room Community Church | 6,537 SF |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 1 min | 7 min | 0.4 mi | |
| 2 min | 7 min | 0.4 mi | |
| Airport | Drive | Walk | Distance |
| Sacramento International | 52 min | - | 40.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 153 |
| Type: | Surface |
| Included in Rent: | Yes |
