Grass Valley, CA NNN properties for sale

Updated: May 18

Medical Office Condo For Sale

280 SIERRA COLLEGE DR, Grass Valley, CA 95945

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5,665 sqft

NNN‑leased medical office condominium occupied by Dignity Health Medical Group – Sierra Nevada (subsidiary of CommonSpirit Health, S&P: A-).
Priced at $2,260,000, representing a 7.15% cap rate on NOI of $161,549.
Fully passive investment under NNN lease; tenant assumes interior maintenance, owners' association covers exterior, structural, parking, and common area maintenance.
Located in the Sierra College medical corridor, a tight medical office submarket with approximately 2.5% vacancy and high barriers to new supply.
Dignity Health has occupied the suite since 2010**, operating a mission‑critical family medicine practice less than two minutes from Sierra Nevada Memorial Hospital.

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Updated: Jan 13

Freestanding Restaurant Building

2075 Nevada City Hwy, Grass Valley, CA 95945

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4,203 sqft

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
Listed at $2,043,000 with a stated 4.5% cap rate
NNN lease structure for the existing tenant restaurant location

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Grass Valley, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Automotive Repair and Body Shop

6228 Walnut Ave, Orangevale, CA 95662

$695,000

1,200 sqft

Vacant or leased auto care and body shop building with waiting room, two roll-up doors, and space for three lifts.

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STNL Walgreens in Yuba City

855 Colusa Avenue, Yuba City, CA 95991

$6,550,000

25,000 sqft

Walgreens with drive-thru on a NNN lease.

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Vacant Storefront with NNN Option

5662 Main Ave, Orangevale, CA 95662

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4,700 sqft

Fully vacant storefront with glass-facing frontage and 20 parking spaces, including ADA spaces, available for sale or lease NNN.

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24/7 Drive-Thru Restaurant

808 Colusa Ave, Yuba City, CA 95991

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2,816 sqft

Standalone 24/7 drive-thru restaurant offered under an absolute NNN structure along Highway 20 retail corridor.

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Grass Valley, CA NNN Properties for Sale

280 SIERRA COLLEGE DR, Grass Valley, CA 95945

2075 Nevada City Hwy, Grass Valley, CA 95945