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807 S Auburn St 6,548 SF Industrial Building Grass Valley, CA 95945 $1,350,000 ($206.17/SF) 8.52% Cap Rate
Investment Highlights
- 32 year operating history as one of the most successful flooring retailers in Nevada County
- 0.57-acre parcel with excellent visibility and access
- 8.52% cap rate with built-in rent escalations
- True NNN Lease – Tenant maintains and pays for insurance, property taxes, and all non-structural maintenance.
- Teamshares-backed tenant – Teamshare’s transfers up to 80% of equity to employees, providing structure which is aligned for long-term success.
- Built in 1982, well-maintained condition
Executive Summary
Coldwell Banker Commercial Grass Roots Realty is pleased to present 807 South Auburn Street, a ±6,548 SF net-leased showroom/industrial property located in the heart of Grass Valley, CA. Currently leased to Premier Flooring, a trusted local flooring retailer with 32+ years of occupancy history.
Offered at $1,350,000 ($206.16/SF), the property generates $115,000/year in net income, equating to a 8.52% cap rate. The lease has 2.5 years remaining, followed by five automatic one-year extensions with 3% annual rent increases, ensuring reliable income growth.
This is a rare opportunity to acquire a high-performing net-leased asset, with deep operational history in a high-demand market with credit-enhanced tenancy and strong real estate fundamentals.
Offered at $1,350,000 ($206.16/SF), the property generates $115,000/year in net income, equating to a 8.52% cap rate. The lease has 2.5 years remaining, followed by five automatic one-year extensions with 3% annual rent increases, ensuring reliable income growth.
This is a rare opportunity to acquire a high-performing net-leased asset, with deep operational history in a high-demand market with credit-enhanced tenancy and strong real estate fundamentals.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
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Property Taxes
| Parcel Numbers | Improvements Assessment | $585,555 | |
| Land Assessment | $305,251 | Total Assessment | $890,806 |
Property Taxes
Parcel Numbers
Land Assessment
$305,251
Improvements Assessment
$585,555
Total Assessment
$890,806
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807 S Auburn St
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