484 CA-99

484 CA-99, Gridley, CA 95948

Property Information

  • For Sale $599,000
  • Property Type Retail - Restaurant
  • Property Size 2,545 SF
  • Lot Size 36,590 SF
  • Cap Rate % 7.01
  • NOI / YR $34,361.00
  • # of Floors 1
  • Parking Spaces Avail. 40
  • Parking Ratio 15.72 / 1,000 SF
  • Year Built 1950
  • Year Renovated 1980
  • Date Updated May 15, 2026

Description

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.

Contacts

Chase Burke

ROME Real Estate Group

Stanislav Yevtushenko

ROME Real Estate Group

Location

Contact 484 CA-99
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