Fall River Mills, CA - Plumas Bank
$1,995,528
43163 Ca 299, Fall River Mills, CA 96028
6.75
Cap Rate
134,698
NOI
Details:
Description:
• New 15-year lease with 1 (15-year) option period to renew
• 2% annual rent increases provide a hedge against inflation
• Zero Landlord Responsibilities – Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
• Ideal, management-free investment for a passive investor
• Deposits at this location are $47 Million, a 134% increase since 2020
• Plumas Bank established a branch office in Fall River Mills in 1998 to offer personal and business banking services. Fall River Mills is a beloved small town in Shasta County. The famous Burney Waterfall and lush forests surrounding the community attract visitors from all over the state. This helps to sustain local industries of logging, agriculture, retail, municipalities and various family-operated businesses
Location

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