590 Solano St - Supermarket FOR SALE


Corning, CA 96021
$7,400,000 USD
949-230-1487
590 Solano St, Corning, CA for Sale
$7,400,000 USD
Supermarket - FOR SALE
1/4
null | 7% Cap Rate

590 Solano St
Corning, CA 96021


HIGHLIGHTS

  • Single-Tenant NNN Corporate Sav•Mor Foods; North State Grocery, Inc. | 15 years remaining on 20-year lease | 1.5% annual increases
  • 2019 Construction; High Quality Steel Construction
  • Large 2.59 Acre, Self-Maintained Lot; Ample Parking
  • Prime Location on Solano Street with Access to Interstate 5 and State Route 99
  • Growing California City: 25 Minutes from Chico and 90 Minutes from Sacramento

OVERVIEW

15-Year NNN Lease | Top-Performing Sales Location in Chain | High Quality Pride of Ownership Construction | Strong Credit Regional Grocer

FOR SALE DETAILS

PRICE

$7,400,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sav•Mor Foods | Corning, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

118

LAND DETAILS

LAND ACRES

2.59 AC

LAND SF

112,820 SF

ZONING

C

APN/PARCEL ID

073-010-071-000

ASK ABOUT THIS PROPERTY

Alexander MooreSRS National Net LeaseMore Info
949-230-1487

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Alexander MooreSRS National Net LeaseMore Info
949-230-1487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.