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214 Broad St
Nevada City, CA 95959
Prime Downtown NNN Leased Restaurant · Retail Property For Sale
Investment Highlights
- Single-tenant triple net investment at a +-7% cap rate in unparalleled location.
- No management or maintenance responsibilities.
- Tenant operates a popular "globally inspired street food"restaurant concept.
- Brand new construction, improvements and commercial kitchen.
- New 5-year guaranteed lease w/ two 5-yr options and annual CPI escalations.
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,313 SF
Building Class
C
Year Built/Renovated
1960/2020
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.75
Lot Size
0.04 AC
Zoning
GB (General Business) - Retail or restaurant uses.
Amenities
- Courtyard
- Restaurant
- Signage
- Tenant Controlled HVAC
- Accent Lighting
- Air Conditioning
Property Taxes
| Parcel Number | 005-396-026-000 | Improvements Assessment | $267,722 |
| Land Assessment | $167,325 | Total Assessment | $435,047 |
Property Taxes
Parcel Number
005-396-026-000
Land Assessment
$167,325
Improvements Assessment
$267,722
Total Assessment
$435,047
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