1 of 5

2 of 5

3 of 5

4 of 5

5 of 5

•  Media
• Map
• Street View

663 Edith Ave
Corning, CA 96021

$7,073,000 USD

Supermarket For Sale  •  16,063 SF

Property Details

• Property Type Supermarket
• Total Building Size 16,063 SF
• Lot Size 4.48 AC
• Building Class B
• Year Built 2023
• Tenancy Single

0 Transit Score

59 Walk Score

Highlights

15-year net lease to Grocery Outlet (NASDAQ: “GO”)

10% rental increases every five (5) years

Grocery Outlet is the nation’s largest extreme value grocery retailer, with more than 457 locations in eight states and $3.6 billion in annual revenue

Grocery Outlet opened 27 new stores in fiscal 2022, including 10 in the fourth quarter

In fiscal 2022, net sales increased by 18.9% to $930.8 million during the fourth quarter

Q1 2023 continued strong earnings with net sales increasing by 16.1% along with Company wide raised guidance for fiscal 2023

Amenities

• Air Conditioning