2075 Nevada City Hwy - Restaurant FOR SALE


Grass Valley, CA 95945
$2,043,000 USD
916-871-2269
2075 Nevada City Hwy, Grass Valley, CA for Sale
$2,043,000 USD
Restaurant - FOR SALE
1/3
null | 4.5% Cap Rate

2075 Nevada City Hwy
Grass Valley, CA 95945


HIGHLIGHTS

  • Prime Location: Lumberjack's Restaurant is situated in Grass Valley, CA, within the dominant retail trade area of the Sutton & Brunswick interchange
  • Stable Investment Opportunity: The property offers a 4.5% cap rate with a Net Operating Income (NOI) of $91,945.08, providing stable, passive income
  • Long-Term Lease: The tenant has been operating at this location since 2010, with a lease expiring on August 31, 2030
  • Below Market Rent: The current rental rate is $1.82 PSF – NNN, significantly below the market rate in the area, offering potential for future growth
  • Freestanding Retail Building: The property features a 4,203 SF building on a spacious 0.90-acre parcel with 55 parking spaces
  • High Traffic Area: The location benefits from 14,700 vehicles per day (VPD), ensuring consistent visibility and foot traffic.

OVERVIEW

ALIVE Commercial Real Estate is pleased to present this Lumberjack’s Restaurant offering in Grass Valley, CA at a list price of $2,043,000 / 4.5% Cap Rate. The subject property is a freestanding retail building comprised of 4,203 SF situated on an oversized 0.90-acre parcel per public records. The current tenant has been operating at this location since 2010 with a lease expiring August 31, 2030 and no options remaining. The Net Operating Income (NOI) is $91,945.08 which equates to an in-place rental rate of $1.82 PSF – NNN, well below market within this retail corridor of Grass Valley. This investment allows for stable and passive income with the potential for future redevelopment. By way of example, immediately adjacent to the subject property is a new construction Sherwin Williams with an in-place rental rate of $3.60 PSF – NNN. Additional retailers in the immediate trade area include Save Mart, McDonald’s, Tractor Supply, Dutch Bros Coffee, Quick Quack Car Wash, Dollar General, Safeway, Grocery Outlet and a host of others. The Sutton & Brunswick interchange has long served as the dominant retail trade area in a market with substantial barriers to entry. Please contact Patrick Follett directly at pfollett@alivecre.com or 916.871.2269 to discuss this offering and please do not disturb the existing tenant.

FOR SALE DETAILS

PRICE

$2,043,000 USD

PRICE/SF

$486 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

-

APN/PARCEL ID

035-600-008-000

ASK ABOUT THIS PROPERTY

Patrick FollettALIVE Commercial Real EstateMore Info
916-871-2269

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Patrick FollettALIVE Commercial Real EstateMore Info
916-871-2269

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.