Single-Tenant Office
For Sale
Contact for pricing
280 Sierra College Dr, Grass Valley, CA 95945
Single-tenant office building offered as a fully passive NNN investment with long-term tenancy history.
Property Size5,665 SF
Price / SF$398.94
Days on Market25
Property Features for 280 Sierra College Dr
General Information
Standard status
Active
Size
5,665 SF
Property subtype
OFFICE
Listing Agency:
Colliers | Sacramento
(916) 717-6606
Listed By:
Eric Ortiz · License #01821549
(916) 717-6606
Source:
Moodyscre
Added: Jul 6
Changed: Jul 23
Last Checked: Jul 23 at 4:58AM
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 Colliers | Sacramento
Investment Insights
Based on property information with market context.
This single-tenant office property is offered as a fully passive NNN investment. The public remarks indicate an investment-grade tenant with a 16-year tenancy history and annual rent escalations of 3%. The lease also includes two three-year renewal options at fair market value.
The property is located at 280 Sierra College Dr in Grass Valley, CA 95945.
The offering size is 5,665 square feet.
The property is located at 280 Sierra College Dr in Grass Valley, CA 95945.
The offering size is 5,665 square feet.
Key Highlights
- Single‑tenant office building offered as a fully passive NNN investment
- Investment‑grade tenant with 16‑year tenancy history
- 3% annual rent escalations
Financial Insights For Office B
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 | $122.4k | $21.60 |
| − Vacancy | −$30.6k | −$5.40 |
| EGI | $91.8k | $16.20 |
| − OpEx | −$22.9k | −$4.05 |
| NOI | $68.8k | $12.15 |
5,665 SF · lease $21.60/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$983.3K
$860.4K – $1.15M
NOI $68,830 @ 7.0% cap · market cap 3.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.03M
$1.77M – $2.36M
NOI $141,774 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant office building offered as a fully passive NNN investment with long-term tenancy history.
Where is this nnn property located?
The property is located at 280 Sierra College Dr Grass Valley, CA.
What is the asking price?
The asking price for this property is $2,260,000.
What are key features of this property?
This property features: Single‑tenant office building offered as a fully passive NNN investment; Investment‑grade tenant with 16‑year tenancy history; 3% annual rent escalations
