Historical Office Sale Listing - 333 Crown Pt. Circle

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333 Crown Pt. Circle

333 Crown Point Circle, Grass Valley, CA 95945

N/A

16,700 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
16,700 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Building Class:
A
Tenancy:
Multiple
Year Built:
2002
Lot Size:
2.02 AC
APN / Parcel ID:
09-690-04
Listing ID
17686698
Last Updated
over 1 year ago

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.

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.

Map of 333 Crown Point Circle, Grass Valley, CA 95945

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