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Brunswick Plaza

399-709 Sutton Way, Grass Valley, CA 95945

  • For Sale $5,350,000
  • Property Type Retail - Strip
  • Property Size 38,230 SF
  • Lot Size 4.79 Acre
  • Parking Spaces Avail. 208
  • Parking Ratio 5.40/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1981
  • Year Renovated 2012
  • Date Updated May 26, 2022
Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento. The region is located below the snow line and above the fog for the perfect 4-season climate. It lies within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacramento & UN Reno) and 2 international airports (Sacramento & Reno). Nevada County’s economy has effectively transitioned from mining/logging/construction to video technology, digital media and other high-tech industries, balanced by national caliber arts and entertainment sectors. With superb schools and multiple national awards relating to unbeatable quality of life, the Grass Valley/Nevada City region continues to attract residents and businesses from nearby Sacramento and the SF Bay Area. The property is located in the Brunswick/Glenbrook Basin, the most active commercial hub in the City, situated on both sides of Highway 49 at the Brunswick Road exit adjacent to Nevada City. The area contains 3 anchored centers with tenants including Safeway, SaveMart, Bank of America, RiteAid, Walgreens, Staples, CVS and various national fast food eateries.
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Location

  • City Grass Valley, CA
  • Zip Code 95945

Contacts

broker

Lock Richards Is this you?

Highland Commercial

(530) 470-1740

Highlights

  • 7% in-place cap rate, with existing rents significantly below market.
  • 95% occupied with 60% of tenancies in place over 10 years.
  • NNN leases comprising almost 80% of the center.
  • 10 tenant complex anchored by a freestanding Tri Counties Bank.
  • Value-add opportunity via repurposing, renovation, expansion or partial redevelopment.
  • Located in the heart of the busiest and most desirable retail area in the County.

Frequently Asked Questions

What is the total size of Brunswick Plaza?

Brunswick Plaza has a total of 38,230 square feet.

What is the year built for Brunswick Plaza?

The year built for Brunswick Plaza is 1981.

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Attachments

Contact Listing Broker

broker

Lock Richards Is this you?

Highland Commercial

(530) 470-1740

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