Plumas Bank
Sale Leaseback
32 E Central Ave, Quincy, CA
Lease Term:
15 Years years
Landlord Responsibilities:
None
Renewal Options:
4, 5-year options
Building Sq. Ft.:
6,432 SF
Rent Increases:
2.00% - 3.00% Annually
Investment Highlights
- Publicly Traded Parent Company: Plumas Bank is a Publicly traded on the NASDAQ under the ticker symbol (NASDAQ: PLBC)
- Strong Stock Performance: The stock has seen significant appreciation in the last 5-years, with a compound annual growth rate of roughly 14.5%
- Community Oriented Approach: Established in 1980, Plumas is a community oriented bank that offers tailored solutions to it’s clients. This is what differentiates itself from larger financial institutions. They serve local economies, primarily serving markets in northern California and northern Nevada
- Consistent Awards and Recognition: Plumas Bank is consistently ranked as one of the best community banks in the country, and has been recognized by Raymond James Bankers Cup, American Banker’s Top-Performing Community Banks and many other publications
- Strong Credit and Company Financials: Consistent growth of company financials (Revenue, Deposits, Net Income Etc.)
- Mission Critical Real Estate: Plumas Bank plans to occupy these sites for a long time, as they are necessary for their business
- Long Term Lease w/ Annual Increases: Passive, long term real estate investment
- Strong Norther California Sub-Market: Short drive from Lake Tahoe, Reno, Nevada and Sacramento
- Small Price Point Deals: These assets can be purchased together or individually, creating a very manageable price point for investors and diversification
Lease Term:
15 Years years
Landlord Responsibilities:
None
Renewal Options:
4, 5-year options
Building Sq. Ft.:
6,432 SF
Rent Increases:
2.00% - 3.00% Annually
Listing Agents
Broker of Record: Connor Shell, Lic. #01993313