**Plumas Bank in Susanville Sells for $4.7M to Private Investor**
SRS Real Estate Partners has completed the $4.7 million sale of a property occupied by Plumas Bank, located at 3000 Riverside Drive in Susanville, California. Originally renovated in 2021, the 5,440-square-foot building is secured by a new 15-year, absolute corporate-guaranteed triple net lease, providing a stable long-term investment for the buyer.
The transaction was facilitated by Alexander Moore, Vice President of SRS Real Estate Partners, and Jeff Lefko, Executive Vice President of Hanley Investment Group, who represented the seller— a private investment group. The buyer is a San Diego-based private investor.
“This property is an ideal, management-free investment for a passive investor with a rock-solid Plumas Bank Corporate Guaranteed Lease,” said Moore. “Our team has continued to see increased interest from net lease investors for Plumas Bank assets. The bank recently expanded its regional reach with the acquisition of another community bank in Northern California, adding four new branches and increasing total assets to $2.3 billion.”
Situated along Susanville’s primary retail corridor, the location adds to the property’s investment appeal and future upside.
This transaction underscores the growing demand for secure, corporate-backed, net lease investments in secondary and tertiary markets.
