This Office Property is Off-Market.

333 Crown Point Circle
Grass Valley, CA 95945 ·

16,700 SF · Office For Sale

N/A

Print

333 Crown Pt. Circle

Price N/A Building Class A
Building Size 16,700 SF Tenancy Multiple
Property Type Office Year Built 2002
Property Sub-type Office Building Lot Size 2.02 AC
Property Use Type Investment APN / Parcel ID 09-690-04
Listing ID: 17686698 Date Created: 05/31/2012 Last Updated: 02/05/2013

Description

A like-new office/flex building of +-16,700sf built in 2002 and well located in Grass Valley's Whispering Pines Business Park. Currently +-14% occupied with flexible tenancies allowing for full building owner/user buyers or investor buyers. Priced significantly below replacement cost at only $126/sf ($2.1m). The perfect storm for buyers - bottom of the market sales price and financing rates - don't miss this opportunity!

Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento. The area is located below the snow line and above the fog for a perfect 4-season climate. Nevada Countys economy has effectively transformed from mining & forestry to vibrant high-tech and tourist based industries. County-wide school test scores are second-highest in the State. This area continues to attract residents and businesses from the nearby Sacramento and San Francisco Bay areas.Whispering Pines Business Park is Nevada Countys largest master planned business park situated on 155 acres less than a mile east of Highway 49 and centrally located within Grass Valley. Originating in the late 1980s, the area currently contains approximately 600,000 square feet of office and light industrial uses in approximately 50 buildings. National tenants include Linear Technology, General Dynamics and National Semiconductor.

Highlights

  • 2 story multi-tenant office/flex with great parking.
  • Superbly maintained - like new condition.
  • Flex space with roll-up doors available on lower level.
  • National tenant neighbors such as General Dynamics, Linear Technology and Natl Semi.
  • Owner/user or add-value opportunity, with current income.

Research

333 Crown Point Circle, Grass Valley, CA 95945 (Nevada County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Grass Valley Market Trends - Asking price index trends, sale price trends, asking rent trends

Lock Richards's Other Listings

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)