Contacts
Tucker Commercial
Property Details
- Property Type Retail
- Property Size 29,645 SF
- Lot Size 10.68 Acre
- Cap Rate % 9.09
- Year Built 1962
- Date Updated Sep 18, 2026
Tucker Commercial is pleased to present The Cedar Ridge Y, a fully leased ±29,645 SF multi-tenant retail strip center in Grass Valley, CA. Priced at $2,800,000 ($94.95/SF) with an in-place cap rate of 9.09%, this stabilized investment includes three retail buildings on ±6.49 acres and an adjacent ±4.23-acre Business Park-zoned parcel offering future development potential.
The center consists of 13 suites with a diverse mix of restaurant, bar, automotive, and retail tenants. Anchor tenants include Soulful Kitchen (new 5-year lease), Uncle Sonny’s Bar, and Tom’s Car Care. No tenant contributes more than 15% of the total income, providing strong cash flow diversification.
Rents average $0.99/SF gross, significantly below market, creating upside through lease-up and repositioning. Several leases are MTM or near-term, offering operational flexibility.
Located on State Route 174 with 750+ feet of frontage (AADT: 6,830), the property enjoys excellent visibility and access in a low-vacancy, supply-constrained market. Grass Valley is the commercial center of western Nevada County, serving a regional trade area of 90,000+ residents.
This offering combines steady in-place income, value-add potential, and future development upside—a rare opportunity under $100/SF in Northern California.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
21/100
Walk Score ®
-
32/100
Bike Score ®
Location
- City Grass Valley, CA
- Zip Code 95945
- Market Sacramento
Points of Interest
-
Colfax
7.40 miles
-
Chevron
2.52 miles
-
Tesla Supercharger
2.85 miles
-
Speedway
2.88 miles
-
76
3.08 miles
-
Shell
3.09 miles
-
Arco
3.12 miles
-
Quik Stop
3.19 miles
-
Cardlock: 133 Lower Grass Valley Road
3.61 miles
-
Grass Valley Park And Ride
3.00 miles
-
Cascade Canal Trail Parking
3.16 miles
-
Willo parking
5.54 miles
-
Stevens Trail Parking Lot
7.16 miles
-
Coyote Outlook Trailhead
8.27 miles
-
Penn Valley Road Park And Ride
8.44 miles
-
Formerly Dingus Mcgee'S Park And Ride
8.49 miles
-
Afternoon Deli
2.57 miles
-
Royal Dragon II
2.57 miles
-
Panoy Thai
2.62 miles
-
Verizon
2.68 miles
-
Papa Murphy's
2.77 miles
-
IHOP
2.77 miles
-
Burger & Cream
2.80 miles
-
Carl's Jr.
2.81 miles
-
Chandara Thai
2.84 miles
-
Subway
2.84 miles
-
Target
2.64 miles
-
McKnight Crossing Shopping Center
2.64 miles
-
SPD Market
2.72 miles
-
Pine Creek Shopping Center
2.87 miles
-
JCPenney
2.89 miles
-
Raley's
2.92 miles
-
Safeway
2.93 miles
-
Grocery Outlet
2.94 miles
-
BackPorch Market
2.94 miles
-
Natural Selection
2.94 miles
Tucker Commercial