- For Sale $599,000
- Property Type Retail - Restaurant
- Property Size 2,545 SF
- Lot Size 36,590 SF
- Cap Rate % 5.3
- Parking Spaces Avail. 40
- Parking Ratio 15.72 / 1,000 SF
- Date Updated Aug 6, 2025
This fully leased restaurant investment property offers a rare opportunity to own a high-visibility asset along State Highway 99 in Gridley, CA. Spanning +/- 2,545 SF on a generous 36,590 SF lot, the property is occupied by Casa De Alma Camaron Pelao under a Modified Gross lease through 2027, generating stable rental income with a 7.01% cap rate. With +/- 40 parking spaces and potential for outdoor seating or future development, this location benefits from 16,993 daily traffic counts and a growing local market. Situated less than an hour from Sacramento, this investment provides long-term value in an expanding commercial corridor.
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
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Walk Score ®
2/100
Car-Dependent
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Bike Score ®
27/100
Somewhat Bikeable
- City Gridley, CA
- Zip Code 95948
- Market Sacramento
Points of Interest
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Gridley Grill
0.00 miles
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Tiff's Gas Mart
3.49 miles
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Gray Lodge visitor parking
8.55 miles
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Ice Burgie
2.78 miles
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Subway
2.92 miles
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Our Town Pizzeria and Deli
3.07 miles
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Big Momma’s Number 1 BBQ
6.50 miles
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Safeway
2.77 miles
Frequently Asked Questions
The space currently listed for sale at 484 CA-99 asks for $599,000.
484 CA-99 totals 2,545 square feet.
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