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280 Sierra College Dr 1,459 - 2,692 SF Condo Units Offered at $615,000 - $1,195,000 Per Unit in Grass Valley, CA 95945
Executive Summary
Located on "Medical Row" in Western Nevada County's best recognized destination for medical and dental practices, just one-half mile from Dignity health Center.
Data Room Click Here to Access
Property Facts
| Total Building Size | 25,000 SF | Floors | 2 |
| Property Type | Office | Typical Floor Size | 12,500 SF |
| Property Subtype | Medical | Year Built | 2008 |
| Building Class | B | Lot Size | 2.18 AC |
| Zoning | CBP | ||
| Total Building Size | 25,000 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 12,500 SF |
| Year Built | 2008 |
| Lot Size | 2.18 AC |
| Zoning | CBP |
3 Units Available
Unit 115
| Unit Size | 1,459 SF | Cap Rate | 6.77% |
| Price | $615,000 | NOI | $41,635.50 |
| Price Per SF | $421.52 | No. Parking Spaces | 7 |
| Condo Use | Medical | APN/Parcel ID | 035-540-020 |
| Sale Type | Investment |
| Unit Size | 1,459 SF |
| Price | $615,000 |
| Price Per SF | $421.52 |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 6.77% |
| NOI | $41,635.50 |
| No. Parking Spaces | 7 |
| APN/Parcel ID | 035-540-020 |
Description
First floor well designed medical condo in a fully leased/occupied 25,000 SF professionally managed medical/dental building
Sale Notes
Tenant has occupied the suite since 2016. Lease is NNN with annual rent increases. Lease expires January 31, 2028.
20250814_122513
Unit 125/105
| Unit Size | 2,287 SF | Cap Rate | 6.78% |
| Price | $965,000 | NOI | $65,450 |
| Price Per SF | $421.95 | No. Parking Spaces | 10 |
| Condo Use | Office/Medical | APN/Parcel ID | 035-540-021 |
| Sale Type | Investment |
| Unit Size | 2,287 SF |
| Price | $965,000 |
| Price Per SF | $421.95 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 6.78% |
| NOI | $65,450 |
| No. Parking Spaces | 10 |
| APN/Parcel ID | 035-540-021 |
Description
First floor well designed medical condo in a fully leased/occupied 25,000 SF professionally managed medical/dental building.
Sale Notes
Tenant has occupied the suite since 2010. Lease is NNN with annual rent increases. Lease expires January 31, 2028.
20250806_125729
20250806_125707
Unit 240
| Unit Size | 2,692 SF | Cap Rate | 5.77% |
| Price | $1,195,000 | NOI | $68,950 |
| Price Per SF | $443.91 | No. Parking Spaces | 12 |
| Condo Use | Medical | APN/Parcel ID | 035-540-022 |
| Sale Type | Investment |
| Unit Size | 2,692 SF |
| Price | $1,195,000 |
| Price Per SF | $443.91 |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 5.77% |
| NOI | $68,950 |
| No. Parking Spaces | 12 |
| APN/Parcel ID | 035-540-022 |
Description
First floor well designed medical condo in a fully leased/occupied 25,000 SF professionally managed medical/dental building.
Sale Notes
Dentist has occupied the suite since 2008. Lease is NNN with annual rent increases. Lease expires June 14, 2028.
20250806_130054
20250806_130116
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Sean M. Rockwell, DDS |
-
|
Jan 0000
|
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280 Sierra College Dr
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