Current Price:$595,000 List Date:7/29/2019Last Modified:8/31/2024
Description
Fully leased triple net investment with large regional company, Pape Machinery, Inc., with 2 year initial lease term and five 1 year extensions thereafter with 3% rent escalations. Ideal location with I-5 visibility averaging 46,000 cars per day, in the City of Shasta Lake just south of the Pine Grove Avenue exit on Twin View Blvd. Property consists of one retail building and two shop buildings
Supplements: with fully fenced 1 acre yard and large lit pole sign approximately 25 feet tall. All three buildings on site consist of approximately 6,200 square feet total and the parcel has pavement and gravel base throughout the fenced yard.
More Information MLS# 19-4127
Address Information
Cross Street: Pine Grove AvenueStreet Number: 3119Street Name: Twin View BlvdState/Province: CAPostal Code: 96019County: Shasta
Property Description
Type: CList Price: 645000Parcel Number: 075-120-020Sq Ft - Building: 6275GP Zone: RED GC - General CommercialZoning: RED - Planned Development DistrictYear Built Desc: 30+Current Price: $595,000Area: 31 - Shasta Lake CityYear Built: 1950
Remarks
Public Remarks: Fully leased triple net investment with large regional company, Pape Machinery, Inc., with 2 year initial lease term and five 1 year extensions thereafter with 3% rent escalations. Ideal location with I-5 visibility averaging 46,000 cars per day, in the City of Shasta Lake just south of the Pine Grove Avenue exit on Twin View Blvd. Property consists of one retail building and two shop buildingsDirections: Rare I-5 visibility on Twin View Blvd just south of Pine Grove Avenue exit in Shasta Lake City
Business Type: Industrial; Retail; WarehousePresent Use: Industrial; Manufacturing; Office; Retail; Service; OtherParking: Common; Conforms to Zoning; Off StreetPossession: Close of EscrowSelling Terms: Cash
Please enter your username or email address. You will receive a link to create a new password via email.
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.