Freestanding Restaurant
For Sale
Contact for pricing
2075 Nevada City Hwy, Grass Valley, CA 95945
Freestanding restaurant building on a 0.90-acre parcel with an existing tenant and a lease expiring Aug 31, 2030.
Property Size4,203 SF
Price / SF$405.66
Days on Market296
Property Features for 2075 Nevada City Hwy
General Information
Standard status
Active
Size
4,203 SF
Property subtype
RETAIL
Listing Agency:
ALIVE Commercial Real Estate
(916) 885-4200
Listed By:
Patrick Follett · License #01796180
(916) 871-2269
Source:
Moodyscre
Added: Jan 13
Changed: Nov 1
Last Checked: Nov 3 at 6:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALIVE Commercial Real Estate
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Investment Insights
Based on property information with market context.
The property is a freestanding retail building currently operated as a Lumberjack’s Restaurant. The building totals 4,203 SF on an oversized 0.90-acre parcel per public records. The current tenant has been in place since 2010, with a lease expiring August 31, 2030 and no options remaining. Reported net operating income is $91,945.08, reflecting an in-place rental rate of $1.82 PSF on an NNN basis.
The offering is located at 2075 Nevada City Hwy in Grass Valley, California. The property sits within a retail corridor, with additional nearby retailers listed including Save Mart, McDonald’s, Tractor Supply, Dutch Bros Coffee, Quick Quack Car Wash, Dollar General, Safeway, and Grocery Outlet. The remarks also note an adjacent Sherwin Williams new construction with an in-place rental rate of $3.60 PSF on an NNN basis.
This is an NNN investment with in-place income tied to the existing lease term through August 31, 2030.
The offering is located at 2075 Nevada City Hwy in Grass Valley, California. The property sits within a retail corridor, with additional nearby retailers listed including Save Mart, McDonald’s, Tractor Supply, Dutch Bros Coffee, Quick Quack Car Wash, Dollar General, Safeway, and Grocery Outlet. The remarks also note an adjacent Sherwin Williams new construction with an in-place rental rate of $3.60 PSF on an NNN basis.
This is an NNN investment with in-place income tied to the existing lease term through August 31, 2030.
Key Highlights
- Freestanding commercial retail building offering 4,203 SF on a 0.90‑acre parcel (per public records)
- Current tenant operating since 2010 with a lease expiring August 31, 2030; no options remaining
- NOI of $91,945.08 with an in‑place rent of $1.82 PSF on a NNN basis
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,186
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,103,720
$2.1M
Cap Rate 7%
$1,502,657
$1.5M
Cap Rate 9%
$1,168,733
$1.2M
Market Conditions
NOI Build-Up for 4,203 SF
Gross rent
$156.4K $37.20/SF
− Vacancy
−$16.1K −$3.83/SF
EGI
$140.2K $33.37/SF
− OpEx
−$35.1K −$8.34/SF
NOI
$105.2K $25.03/SF
Area
Nevada County, CA
Vacancy
10.30%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,103,720
Cap Rate 7%
$1,502,657
Cap Rate 9%
$1,168,733
Alternative Uses
Best Use
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $105,186 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
289k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Groceries 27%
Shops & Services 26%
Home Improvements & Furnishings 6%
Safeway
Groceries
50,058 visits/mo
0.4 miles
McDonald's
Dining
30,188 visits/mo
0.2 miles
Save Mart
Groceries
27,139 visits/mo
0.1 miles
Wendy's
Dining
17,472 visits/mo
0.3 miles
Dutch Bros. Coffee
Dining
16,557 visits/mo
0.1 miles
Demographics for 95945, CA
26,302
Population
13,051
Households
2
Avg Household Size
50
Median Age
32%
College-Educated
94%
High-School Grad
61.1 sq mi
ZIP Area
430
Density / Sq Mi
$61,068
Median Household Income
$41,072
Median Earnings
$1,420
Median Rent
$496,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant building on a 0.90-acre parcel with an existing tenant and a lease expiring Aug 31, 2030.
Where is this conventional restaurant located?
The property is located at 2075 Nevada City Hwy Grass Valley, CA.
What is the asking price?
The asking price for this property is $1,705,000.
What are key features of this property?
This property features: Freestanding commercial retail building offering 4,203 SF on a 0.90‑acre parcel (per public records); Current tenant operating since 2010 with a lease expiring August 31, 2030; no options remaining; NOI of $91,945.08 with an in‑place rent of $1.82 PSF on a NNN basis
