$595,000
Shasta Lake, CA 96019
MLS# 19-4127
Status: Closed
6275 sqft
1 / 15
Property 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
Details
Maps
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
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
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.
IDX
Listing Office: Haedrich & Co., Inc.
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.