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Yuba River Commercial Center Retail Pads & Lots Yuba River Commercial Center Retail Pads & Lots Yuba River Commercial Center Retail Pads & Lots Yuba River Commercial Center Retail Pads & Lots Yuba River Commercial Center Retail Pads & Lots Yuba River Commercial Center Retail Pads & Lots

Property Overview

Price/Rent PSF Inquire
Asset Type Land
Trade Type Sale
Acres Available 2.87
Date Available 07/30/2021
Additional URL Link
Building size 50000
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Description

Location
Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe and Sacramento. The area is located below the snow line and above the fog for a perfect 4-season climate. Nevada Countys economy has effectively transformed from mining & forestry to vibrant high-tech and tourist based industries. This area continues to attract residents and businesses from the nearby Sacramento and San Francisco Bay areas. The Brunswick/Glenbrook Basin is the most active commercial hub in the City of Grass Valley, lying 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, CVS, RiteAid, Walgreens, Staples, and various national banks & fast food eateries.

Sale
Four ready-to-build commercial lots ranging in size from .42 to 1.56 acres. These parcels have highly coveted C-2 commercial zoning allowing retail, hotel, mixed-use multi-family, school, offices and more. Tractor Supply Company, the largest rural lifestyle retail chain in the US, is the anchor tenant located at the center of this development. The property is situated in the Glenbrook/Brunswick Basin, the busiest retail hub in Nevada County. The Buxton Report on retail potential commissioned by the City identified over $200m in regional retail sales leakage annually to outside areas, making these new lots highly desirable in a severely supply-constrained market. Lots 1 & 2 represent highly coveted retail pad sites positioned in front of the TSC store, while lots 4 & 5 could allow for mixed-use development consisting of market-rate multi-family rental or sale housing, hotel, medical, live/work, etc. These lots might also be assembled with additional available lots fronting Nevada City Highway for a larger project benefiting from prime exposure.

Location (Click here to view the location on the map.)
The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.

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