Quincy, CA - Plumas Bank

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

• Primary Retail Corridor in the city with top retailers: Safeway, Grocery Outlet, Rite Aid, and Dollar General
• The asset receives significant consumer traffic and crossover retail exposure from its centralized position at the center of town
• Affluent average household income of $111,326 in 5-Miles
• 90-Minutes to Reno NV and Lake Tahoe/Truckee Area