37505 State Highway 299 E - Supermarket FOR SALE
Burney, CA 96013 |
37505 State Highway 299 E
Burney, CA 96013
HIGHLIGHTS
- 10+ Year NNN Lease with 4-Five Year Option Periods (Ideal for Out-of-Area Investor)
- 10% Rental Increases Every 5-Years (9.14% Average Cap Rate Over Life of Lease)
- Tenant Responsible for All Expenses Excluding Structure Portions of the Premises (Tenant Responsible for Roof Excluding Structural Portions)
- High-Visibility Location Along State Highway 299/Main Street, a Major East/West California Thoroughfare Connecting Five Counties
- Grocery Outlet (Nasdaq: GO) has 529+ Independently Operated Stores in the U.S. with 18 New Stores Added in 2024
- Only Grocery Outlet Location Within a One-Hour Drive of the Property
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
20000
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
86
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
028-370-024-000
