A 16,000+ SF multi-tenant light industrial building built in 1981 & located in Grass Valley's Loma Rica Industrial Park only 2 blocks from the Nevada County Airport. The property contains six separate bays of +-2680 SF - each with a grade-level roll-up truck door. Most units have 10' high drop ceilings with full HVAC and separately metered 3 phase, 208/240V, 200 amp service, The ceiling height could be increased to +-14' by removing the drop ceilings. Brand new elastomeric roof in 2011 w/ 15 year warranty. Currently 66% leased with short term tenancies at below market rents allowing for easy NOI growth with improving market. Two 2680 SF bays currently available, allowing for an owner/user purchase as well. Priced at 8% proforma cap (approx 5% cap on actual). Seller will carry.