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

12,375 SF Retail Building Chester, CA 96020 $10,545,605 CAD ($852 CAD/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
$10,545,605 CAD
Price Per SF
$852 CAD
Cap Rate
7.25%
NOI
$764,641 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Land Acres
0.77 AC
Zoning
C2

Links

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

PROPERTY TAXES

Parcel Number 100-083-050-000 Improvements Assessment $2,098,710 CAD
Land Assessment $323,938 CAD Total Assessment $2,422,649 CAD

PROPERTY TAXES

Parcel Number
100-083-050-000
Land Assessment
$323,938 CAD
Improvements Assessment
$2,098,710 CAD
Total Assessment
$2,422,649 CAD
  • Alexander Moore
    Alexander Moore
  • Jeff Lefko
    Jeff Lefko
(949) 585-7610

  • Listing ID: 32985274

  • Date on Market: 2024-08-28

  • Last Updated:

  • Address: 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.

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Plumas Bank | Chester (Chico MSA), CA | 255 Main St
(949) 585-7610 x

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

1/2

Alexander Moore

(949) 585-7610

(949) 585-7610

Jeff Lefko

(844) 585-7682

(844) 585-7682

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