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Truckee, CA - Plumas Bank

$5,370,000

11638 Donner Pass Rd, Truckee, CA 96161

Active
Last Updated: 01/02/2025

6.5

Cap Rate

349,155

NOI

Details:
Cap Rate:    6.5%
NOI:    $349,155
Building Size:    8,554 sqft
Description:

« 15-year absolute NNN lease; zero landlord responsibilities « 2% annual increases
« Exceptional bank deposits; $144+ million at this location
« Plumas Bank (NASDAQ: PLBC) is a regional bank with 16 locations throughout California and Nevada
that has over $1.64 billion total assets and $1.39 billion total deposits
« High-Quality Construction Pride of Ownership Asset: the location functions as a regular consumer

- $139,422 average household income in 3 miles
- 15 million annual visitors to Lake Tahoe Area
- Excellent Accessibility, Identity and Visibility on Donner Pass Road; Adjacent to Highway 80
- Nearby Top-Performing National Retailers: Safeway (Top 14% Nationwide – Placer.ai), Grocery Outlet (Top 15% Nationwide – Placer.ai), Starbucks, 7-Eleven, Panda Express, and Wells Fargo

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