426 Sutton Way, Grass Valley, CA 95945

Property Description

Owens Plaza offers a multi-tenant office investment opportunity in Grass Valley's established Brunswick Basin business district. Located at 426 Sutton Way, this single-story, Class B property comprises approximately 15,935 SF across eight suites on approximately 1.49 acres. Built in 1989, the property features Sutton Way visibility and 61 surface parking spaces for employees and visitors. Suites range from approximately 850 to 7,500 SF and accommodate a mix of financial services, insurance, property management, and other businesses. Tenants include Edward Jones, Collins Property Management, Harris Insurance, Old Republic Title, Owen's Estate & Wealth Strategies Group, Blondies Salon, Learning to Thrive, and InsZone Insurance Services. The varied suite sizes provide options for businesses with different space requirements, while multiple leases diversify the rental income stream. Lease expirations are staggered from December 2026 through February 2031. Approximately 63% of the leased square footage has expirations in September 2028 or later, balancing longer-term tenancy with nearer-term renewal opportunities. Tenant CAM charges contribute toward property operating expenses. The surrounding Sutton Way corridor offers convenient dining, coffee, groceries, and everyday services, including Beach Hut Deli, Round Table Pizza, Safeway, Starbucks Caf, and Walgreens. Sierra College's Nevada County Campus and Sierra Nevada Memorial Hospital provide additional educational and healthcare resources in the surrounding area. With its professional tenant mix, single-story configuration, on-site parking, and established commercial location, Owens Plaza presents an opportunity to acquire a multi-tenant office property serving the Grass Valley community.