Listing Agency: Matthews

Listed By: Kevin McKenna · License #742093

Source: Crexi

Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 1:05PM

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Investment Insights

Based on property information with market context.

This strip mall property is associated with NAPA Auto Parts and is located at 535 Searls Ave in Nevada City, California. The lease terms include a 3% annual increase.

Key Highlights

• NAPA Auto Parts‑associated strip mall
• 3% annual lease increase
• 535 Searls Ave, Nevada City, CA 95959

Property Analytics

Property Profile

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Barber Shop Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

959

Businesses Nearby

12k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 85% Dining 15%

Chevron Shops & Services

8,015 visits/mo 0.5 miles

Port of Subs Dining

1,787 visits/mo 0.3 miles

Napa Auto Parts Shops & Services

1,014 visits/mo 0.1 miles

Big Brand Tire & Service Shops & Services

936 visits/mo 0.1 miles

Demographics for 95959, CA

18,621

Population

8,840

Households

2.1

Avg Household Size

53

Median Age

45%

College-Educated

96%

High-School Grad

311.9 sq mi

ZIP Area

60

Density / Sq Mi

$79,509

Median Household Income

$36,160

Median Earnings

$1,715

Median Rent

$603,200

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Strip mall - Strip mall property associated with NAPA Auto Parts in Nevada City.

Where is this strip mall located?

The property is located at 535 Searls Ave Nevada City, CA.

What are key features of this property?

This property features: NAPA Auto Parts‑associated strip mall; 3% annual lease increase; 535 Searls Ave, Nevada City, CA 95959