Freestanding Restaurant
2075 Nevada City Hwy Grass Valley, CA 95945
For Sale
Contact for pricing
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 Market197
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) 871-2269
Listed By:
Patrick Follett · License #01796180
Source:
Moodyscre
Added: Jan 13
Changed: Jul 27
Last Checked: Jul 29 at 4:04PM
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
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 For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $156.4k | $37.20 |
| − Vacancy | −$16.1k | −$3.83 |
| EGI | $140.2k | $33.37 |
| − OpEx | −$35.1k | −$8.34 |
| NOI | $105.2k | $25.03 |
4,203 SF · lease $37.20/SF/yr · vacancy 10.30% · expense 25.00%
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.
Property Analytics
Location Intelligence
Current Use
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
