Supermarket For Sale • 65,668 SF
Infill Single tenant Net Lease Grocery Store – Lucky’s - Absolute NNN – Zero Landlord Responsibilities |
Fee Simple Ownership – Tax Shelter - Accelerated Depreciation Option Provides Increased Cash Flow |
Attractive Credit Tenant - 7.00% CAP Rate - 4.5 Years Remaining on Initial Term - Seven (5) Year Options w/ 5% Increases Every 5 Years |
Lucky’s 20 Year Initial Term with 5 Years Remaining – Long Term Successful Occupancy |
Signalized Corner w/ Strong Traffic & Visibility & Retail Synergy – 40,000+ Cars Per Day |
Affluent Demographics – 317,000 Population w/ Avg. Household Income of $160,578 in 5-Mile Radius |
Cap Rate: | 7.00 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Fremont-Centerville (Altamont Corridor Express - Altamont Commuter Express (ACE)) | 11 min | - | 4.9 mi |
Hayward (Capitol Corridor - Capitol Corridor Joint Powers Authority) | 11 min | - | 6.6 mi |
Airport | Drive | Walk | Distance |
Metro Oakland International | 21 min | - | 14.7 mi |
Norman Y Mineta San Jose International | 29 min | - | 22.6 mi |
San Francisco International | 33 min | - | 25.3 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 500 |
Type: | Surface |
Included in Rent: | Yes |