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Net Leased Building Trades for $2.72M

DIXON, CA-CSS Properties LLC sells an 11,520-sf tilt-up building here net to John H. Olson Family Limited Partnership. The building is net leased to Phoenix Schools for the next 14 years.

By Brian K. Miller | Updated on March 20, 2003

DIXON, CA-A net-leased 11,530-sf building here has traded hands for $2.72 million or $236.11 per sf.

The seller is CSS Properties LLC. The buyer is John H. Olson Family Limited Trust. The tenant is Phoenix Schools, which has net leased the building for the next 14 years.

The building is a concrete tilt-up completed in 2001 and located at 1520 North Lincoln St in Dixon. Dixon is a rapidly growing area located midway Sacramento and San Francisco.

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