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255 Main St
Chester, CA 96020

$7,440,000 USD

Bank For Sale  •  12,375 SF

Property Details

  • Property Type Bank
  • Total Building Size 12,375 SF
  • Lot Size 0.77 AC
  • Building Class C
  • Year Built 1982
  • Cap Rate 7.25 %
  • Tenancy Single
  • Zoning C2
0 Transit Score
64 Walk Score

Highlights

Corporate Guaranteed Single-Tenant Absolute NNN Plumas Bank (NASDAQ: PLBC) | 15-Year absolute NNN lease; zero landlord responsibilities
Established Location with Continued Growth; 112% Increase in Deposits Since 2020
Lake Almanor: 400,000 Annual Visitors | Major Northern California and Nevada boating, hiking, and golfing destination
Excellent Accessibility, Identity and Visibility on Main Street: Direct connections to Interstate 5, State Route 99, and US 395
Nearby Top-Performing National & Regional Retailers: Holiday Market: Top 47% CA | Best Western: Top 18% Nationwide | Dollar General: Top 34%
Cap Rate: 7.25 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 47
Type: Surface
Included in Rent: Yes
Alexander Moore 949-230-1487 SRS National Net Lease
Alexander Moore 949-230-1487 SRS National Net Lease