535 Placerville Dr 6,380 SF Retail Building Placerville, CA 95667 $1,575,000 ($246.87/SF) 8.11% Cap Rate

Single Tenant net leased retail investment with minimal landlord responsibilities in a great location on a busy commercial corridor just off Hwy 50, near downtown. Placerville is located 45 miles northeast of Sacramento and is a gateway to the Foothills Wine Country and the Lake Tahoe year-round recreational area. Well maintained property with a successful long term health food store tenant. The ground floor features a health food / grocery store featuring fresh produce, health foods, deli, and health and beauty products. There is an elevator serving a second floor with office and meeting spaces. A concrete patio with tables and seating is on the side of the building for customer use. The property includes a dedicated parking lot with some spaces covered by a solar system for additional energy savings.
The store is leased through August 2027 and the tenant has a five year option to renew.