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Description

A single-tenant triple-net leased new 35,000 SF high-bay manufacturing/warehousing building situated on a 2.19 acre parcel only two blocks from the Nevada County Airport. Built to top Cal Green specifications for superior energy efficiency including automated LED lighting, high R-level insulation, Lennox high efficiency package units providing heating and cooling throughout the entire structure, and 1200 Amp 3 phase electrical service. New 5-year true NNN lease to Skyler Electric, one of the largest power provisioning companies in the Western U.S. serving the telecommunications, utility, UPS, and solar markets. This offering is situated in Nevada County in the Greater Sacramento Region, an exceptionally tight market with industrial vacancy of only 1.5% and formidable barriers to entry including a severe lack of industrial zoned development sites. Priced at an in-place 5.26% cap ($137/sf), with annual rent bumps, this offering represents a hands-off stable investment in the enormously expanding industrial sector with massive appreciation potential in an otherwise volatile economy.