3119 Twin View Blvd, Shasta Lake, CA 96019

$595,000
Property Type: Comm/Industrial Square Footage: 6,275 Status: Closed
Current Price: $595,000 List Date: 7/29/2019 Last 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 Avenue Street Number: 3119 Street Name: Twin View Blvd State/Province: CA Postal Code: 96019 County: Shasta

Property Description

Type: C List Price: 645000 Parcel Number: 075-120-020 Sq Ft - Building: 6275 GP Zone: RED GC - General Commercial Zoning: RED - Planned Development District Year Built Desc: 30+ Current Price: $595,000 Area: 31 - Shasta Lake City Year 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 buildings Directions: Rare I-5 visibility on Twin View Blvd just south of Pine Grove Avenue exit in Shasta Lake City

Business Type

Industrial: 1 Retail: 1 Warehouse: 1

Present Use

Industrial: 1 Other: 1 Manufacturing: 1 Office: 1 Retail: 1 Service: 1

Parking

Common: 1 Conforms to Zoning: 1 Off Street: 1

Possession

Close of Escrow: 1

Selling Terms

Cash: 1

Contract Information

Status: Closed Sold Date: 2019-09-11 Under Contract Date: 2019-08-13 Sold Price: $595,000 List Date: 2019-07-29

Property Features

Business Type: Industrial; Retail; Warehouse Present Use: Industrial; Manufacturing; Office; Retail; Service; Other Parking: Common; Conforms to Zoning; Off Street Possession: Close of Escrow Selling Terms: Cash
Listing Office: Haedrich & Co., Inc.
Last Updated: August - 31 - 2024
3119 Twin View Blvd, Shasta Lake, CA 96019- MLS# 19-4127
Information deemed reliable but not guaranteed.

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