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Plumas Bank | Chester (Chico MSA), CA 255 Main St

12,375 SF Retail Building Chester, CA 96020 $7,440,000 ($601/SF) 7.25% Cap Rate

Banks California Chester 255 Main St, Chester, CA 96020

Investment Highlights

  • Corporate Guaranteed Single-Tenant Absolute NNN Plumas Bank (NASDAQ: PLBC) | 15-Year absolute NNN lease; zero landlord responsibilities
  • Lake Almanor: 400,000 Annual Visitors | Major Northern California and Nevada boating, hiking, and golfing destination
  • Nearby Top-Performing National & Regional Retailers: Holiday Market: Top 47% CA | Best Western: Top 18% Nationwide | Dollar General: Top 34%
  • Established Location with Continued Growth; 112% Increase in Deposits Since 2020
  • Excellent Accessibility, Identity and Visibility on Main Street: Direct connections to Interstate 5, State Route 99, and US 395

Executive Summary

15-Year Absolute NNN Lease | 2% Annual Increases | $1.64 Billion Asset Corporate Guaranty (NASDAQ: PLBC)

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
12,375 SF
Building Class
C
Year Built
1982
Price
$7,440,000
Price Per SF
$601
Cap Rate
7.25%
NOI
$539,460
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.77 AC
Zoning
C2
Parking
47 Spaces
Frontage
287 FT on Main Street

Links

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255 Main St, Chester, CA - aerial map view - Image1
255 Main St, Chester, CA - aerial map view - Image2

Nearby Major Retailers

Holiday Quality Foods
U.S. Bank

PROPERTY TAXES

Parcel Number 100-083-050-000 Improvements Assessment $1,491,430
Land Assessment $230,204 Total Assessment $1,721,634

PROPERTY TAXES

Parcel Number
100-083-050-000
Land Assessment
$230,204
Improvements Assessment
$1,491,430
Total Assessment
$1,721,634
(949) 230-1487

Contacts

  • Alexander Moore
    Alexander Moore
  • Jeff Lefko
    Jeff Lefko

  • Listing ID: 32985274

  • Date on Market: 8/28/2024

  • Last Updated:

  • Address: 255 Main St, Chester, CA 96020

More public record information on 255 Main St, Chester, CA 96020

The Retail Property at 255 Main St, Chester, CA 96020 is currently available for sale. Contact SRS National Net Lease for more information.

Nearby Listings

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Plumas Bank | Chester (Chico MSA), CA | 255 Main St
(949) 230-1487 x

Plumas Bank | Chester (Chico MSA), CA | 255 Main St

1/2

Alexander Moore

(949) 230-1487

(949) 230-1487

Jeff Lefko

(844) 585-7682

(844) 585-7682

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