FOR LEASE Molly`s Cupboard Building 10122 Donner Pass Road
Transcription
12313 Soaring Way, Suite 2B, Truckee, CA 96161 (530) 587-7633 | www.truckeeriverassociates.com FOR LEASE Molly’s Cupboard Building 10122 Donner Pass Road Truckee, CA 96161 Located in Truckee’s Downtown Historic Commercial Row, at the heart of Truckee’s retail and restaurant tourism! Beautiful historic building with modern interior finishes and excellent street exposure and window displays. Presented By: Tom Watson 12313 Soaring Way, 2B Truckee, CA 96161 530-587-7633 [email protected] www.truckeeriverassociates.com Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 1|Page 12313 Soaring Way, Suite 2B, Truckee, CA 96161 (530) 587-7633 | www.truckeeriverassociates.com Table of Contents I. Financial Analysis - Property Summary II. Additional Information - Truckee History III. Demographics Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 2|Page 12313 Soaring Way, Suite 2B, Truckee, CA 96161 (530) 587-7633 | www.truckeeriverassociates.com I. Financial Analysis Executive Summary Molly’s Cupboard 10122 Donner Pass Road Truckee, CA 96161 First Floor Rent Price: Basement Rent Price: Monthly CAM: $3.60/sq. ft. $0.50/sq. ft. $0.34/sq. ft. First Floor Sq. Ft.: Basement Sq. Ft: Total Building Sq. Ft: 1,760 sq. ft. ± 1,380 sq. ft. ± 3,140 sq. ft. ± Percent Occupied: 0% Tax Parcel Number: 19-090-17 Market: Retail/Restaurant Year Built: 1880 and rebuilt in 1993 Space Amenities: Open floor plan with plenty of Property Amenities: Beautifully restored retail usable square footage, ideal for retail or restaurant space with excellent frontage location in Historic on the main floor. Additional 1,340 SF of storage Downtown Truckee. and office in the basement. Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 3|Page 12313 Soaring Way, Suite 2B, Truckee, CA 96161 (530) 587-7633 | www.truckeeriverassociates.com Property Description: Construction: Brick Built-In: Originally built around 1880, then renovated in 1993. Parking: Downtown Paid Parking Ingress/Egress: Access directly off Donner Pass Road. Property: The Molly’s Cupboard building is at the heart of Downtown Truckee. This property was originally built as a saloon around 1880 and is one of the oldest buildings in the Historic “Commercial Row.” It was artfully renovated in 1993 to combine rustic mountain charm with modern amenities, such as HVAC and natural gas. Cosmetic upgrades include hardwood floors, a gas fireplace insert, and dressing rooms. Wood ceiling beams and rock walls provide historic touches in a beautifully modern mountain space. This versatile building is perfect for many different uses, and offers a large display window with an open floor plan on the ground level offer, and spacious basement storage. Area: The Molly’s Cupboard building is centrally located in the heart of Downtown Truckee, which is highly frequented by locals and visitors year-around. This area holds events in support of local business, such as “First Fridays” that showcase the local retail shops and restaurants and “Truckee Thursdays” that gather locals and visitors with a farmer’s market, local vendors’ booths, live music and great local food. The subject property is located within the grid of Historic Downtown Truckee, and is within minutes of I-80 E/W, HWY 267 toward the Truckee-Tahoe Airport and North Lake Tahoe and HWY 89 N/S. Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 4|Page 12313 Soaring Way, Suite 2B, Truckee, CA 96161 (530) 587-7633 | www.truckeeriverassociates.com I. Additional Information Molly’s Cupboard Building Huge display window perfect for retail displays and advertising Four (4) spacious dressing rooms Wood beams, and rock façade offer historic mountain charm Large basement provides plenty of convenient storage Office spaces upstairs and downstairs offer flexibility and additional working space Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 5|Page 12313 Soaring Way, Suite 2B, Truckee, CA 96161 (530) 587-7633 | www.truckeeriverassociates.com TRUCKEE HISTORY: Truckee is a quaint mountain community that was established in 1863 then incorporated in 1993. Truckee, with a population of 16,180, is the largest of three incorporated cities in Nevada County (the other two - Grass Valley and Nevada City). The Town of Truckee is centrally located near Lake Tahoe, historic state parks and an abundance of emigrant and Old West history. The town was originally developed around the logging and ice manufacturing industries, and has evolved into a town of sophistication with a variety for new and established business growth opportunities. Historically, Truckee has been considered a “tourist town” that was largely populated by second homeowners. According to an article in the National Geographic Adventure, Truckee was hailed as one of the World’s best ski towns and is distinguished in the article by stating that Truckee is “an inviting mountain burg steeped in ski heritage, amenities, and culture.” Additionally, in the Men’s Journal travel section in April 2012, Truckee is named as one of “America’s Best Mountain Towns” to stay, eat and play. Tourism remains high in the Truckee and Lake Tahoe areas, and continues to progressively grow. Supposing tourism and the homeowner base remain steadily on the up-and-up during the recovery of the national recession, the increase of the Truckee population shall be a major contributing factor to the overall community growth – employment base in the retail, service, professional and government sectors – in the years to come. III. Demographics Traveling to and from the Town of Truckee is made convenient with the centrally located Truckee Tahoe Airport, the close proximity of the Reno-Tahoe Airport and daily stops made by bus and train make doing business or vacationing in a mountain town more accommodating. The Town of Truckee is located in the Sierra Nevada mountain range and is a mere 200 miles (N/W) from San Francisco, 100 miles (East) from Sacramento , 40 miles (West) from Reno, NV and a matter of minutes to Lake Tahoe. Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 6|Page 12313 Soaring Way, Suite 2B, Truckee, CA 96161 (530) 587-7633 | www.truckeeriverassociates.com Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 7|Page 12313 Soaring Way, Suite 2B, Truckee, CA 96161 (530) 587-7633 | www.truckeeriverassociates.com Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 8|Page
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