Grass Valley Warehouse for sale

Warehouse Description

Nestled in the Sierra Nevada foothills an hour from Lake Tahoe and Sacramento, Grass Valley and Nevada City enjoy a temperate 4-season climate and easy access to higher education and international airports. The region has transformed its economy, now thriving in video technology, digital media, and other high-tech industries, alongside a vibrant arts and entertainment scene.

Lomita Rica Industrial Park, adjacent to the Nevada County Airport, houses an in-demand 35,000-square-foot single-tenant leased building. Built to "Cal Green" specifications for energy efficiency, the property features automated LED lighting, high insulation, and a 1200 Amp electrical service. This triple-net leased property offers a stable investment opportunity in a high-growth industrial sector with minimal competition and a low vacancy rate. Priced at a 5.26% cap rate with annual rent adjustments, this investment provides hands-off stability with substantial appreciation potential.