Corporate backed lease with a guaranty from Albertsons Companies, Inc., one of the largest food and drug retailers in the United States with over 2,200 stores in 34 states. This Vons boasts incredible sales volume at $841 PSF and a very low cost of occupancy at 3.6%. Long-term absolute NNN lease provides a passive source of income with no management responsibilities and rent increases every 5 years. The other Vons location in Long Beach is on the divesture list, and this Vons is not on the list, providing an investor with a strong security of income. Located only 6 blocks from the beach in the heart of the high-barrier to entry market of downtown Long Beach. Densely populated area with 225,319 people in a three mile radius and 6 million visitors every year. Below market assumable debt available. Fully amortizing loan at a 4.07% interest rate with 19.5 years of term remaining.