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280 Sierra College Dr
Grass Valley, CA 95945

$2,260,000 USD

Medical Condo For Sale  •  5,665 SF

Property Details

  • Property Type Medical
  • Total Building Size 25,000 SF
  • Lot Size 2.18 AC
  • Building Class B
  • Year Built 2008
  • Tenancy Multiple
  • Zoning CBP
30 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 120 Medical 5,665 SF $2,260,000 USD
  • Unit Size: 5,665 SF
  • Condo Use: Medical
  • Price: $2,260,000 USD
  • Sale Type: Investment
  • Price/SF: $398.94 USD
Description
Tucker Commercial and Colliers present Suite 120 at 280 Sierra College Drive, a 5,665 square foot medical office condominium fully leased to Dignity Health Medical Group, part of CommonSpirit Health. The tenant has occupied the space since 2010, operating a critical family medicine practice serving Western Nevada County and benefiting from close proximity to Sierra Nevada Memorial Hospital.

Sale Notes
This NNN investment offers passive ownership with the tenant responsible for interior maintenance and the association covering exterior and common areas. With a strong 16 year operating history, 3 percent annual rent increases, and limited medical office supply in the submarket, the property provides stable income backed by a leading national health system.

Property Flyers

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Eric Ortiz 916-563-3095 Colliers
Eric Ortiz 916-563-3095 Colliers