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Absolute NNN Lucky Supermarket
San Carlos, California (San Francisco Bay Area - Silicon Valley)
Price:
$24,972,000
Cap Rate:
6.15%
NOI:
$1,535,771
Built:
1991
Building Size (SF):
43,689 SF
Lot Size (Acres):
3.58 AC
This absolute NNN Lucky Supermarket sits just off Hwy 101 in San Carlos, one of the wealthiest suburbs in the country, with average household incomes over $275K. The property offers more than 11 years of term, annual rent bumps, and cross-access to one of California’s top-performing Home Depots. Surrounded by high-volume retailers like Trader Joe’s and Best Buy, this is a stable, low-maintenance asset sitting on A+ Silicon Valley dirt.
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