Picadilly Capital Inc. purchased the medical office building
at 350 Del Norte Ave. in Yuba City, CA, from Robert and Judy Peppercorn for $2.35 million, or approximately $176 per square foot.
The 13,340-square-foot structure is fully leased to Sutter North Medical Foundation. The two-story property was constructed in 1986 and renovated in 2005.
Ruslan Moroz of Marcus & Millichap represented the seller, while Dan Kroner of Intero Real Estate Services Inc. represented the buyer.
For more information on this sale transaction please see CoStar COMPS #2300519.
Moroz also represented the sellers in the $4.55 million sale of 400 Plumas Blvd. last November, along with Alex Kozakov and Patrick Wade. It is another medical office building leased to Sutter North Medical Foundation. For further information, please see CoStar COMPS #2218689.