This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Plumas Bank | Truckee (Lake Tahoe), CA 11638 Donner Pass Rd

8,554 SF Retail Building Truckee, CA 96161 £4,201,757 (£491/SF) 6.50% Net Initial Yield

Investment Highlights

  • Corporate Guaranteed Single-Tenant Absolute NNN Plumas Bank (NASDAQ: PLBC) | 15-year absolute NNN lease; zero landlord responsibilities
  • Highly Affluent Trade Area: $139,422 average household income within 3 miles
  • Excellent Accessibility, Identity and Visibility on Donner Pass Road; Adjacent to Highway 80: 17,000 cars per day on Donner Pass Road
  • Established Location with Continued Growth; 120% Increase in Deposits Since 2020
  • Major Four-Season Tourism Destination; 15 Million Annual Visitors to Lake Tahoe Area
  • Nearby Top-Performing National Retailers: Safeway (Top 14% Nationwide – Placer.ai), Grocery Outlet (Top 15% Nationwide), Starbucks, 7-Eleven, etc

Executive Summary

15-Year Absolute NNN Lease | 2% Annual Increases | $1.64 Billion Asset Corporate Guaranty (NASDAQ: PLBC) | Highly Affluent Trophy Lake Tahoe/Truckee Location

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
8,554 SF
Building Class
C
Year Built
2006
Price
£4,201,757
Price Per SF
£491
Net Initial Yield
6.50%
NOI
£273,196
Tenancy
Single
Number of Floors
2
Building FAR
0.16
Land Acres
1.22 AC
Zoning
C
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
018-600-011-000
Land Assessment
£520,095
Improvements Assessment
£1,958,112
Total Assessment
£2,478,207
  • Listing ID: 33237787

  • Date on Market: 27/08/2024

  • Last Updated:

  • Address: 11638 Donner Pass Rd, Truckee, CA 96161

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}