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37505 State Highway 299 E
Burney, CA 96013

$7,500,000 USD

Supermarket For Sale  •  20,000 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 20,000 SF
  • Lot Size 2.01 AC
  • Building Class B
  • Year Built 2020
  • Tenancy Single
  • Zoning TL
0 Transit Score
38 Walk Score

Highlights

10+ Year NNN Lease with 4-Five Year Option Periods (Ideal for Out-of-Area Investor)
10% Rental Increases Every 5-Years (7.92% 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

Property Flyers

Amenities

  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 86
Type: Surface
Included in Rent: Yes
Edward Nelson 916-724-1400 Marcus & Millichap Real Estate Investment Services
Edward Nelson 916-724-1400 Marcus & Millichap Real Estate Investment Services