Better Buy Discount Groceries

This NNN leased discount grocery store is on a new 10-year lease with a 10% increase after 5 years. It is located in Oroville's main retail trade area among many high traffic national retailers. The tenant is a popular discount grocer with over 18 years of operating history in the Oroville community. The store opened on July 1st to great initial sales.

Price:

$1,535,000

Cap Rate:

7.35%

NOI:

$112,800

Category:

Single Tenant Retail

Location:

Oroville, CA

Building Size (SF):

9,400

Lot Size (Acres)

1.25

Built:

1995

Contact Agent:

Dave Lucas

(925) 744-5217

[email protected]

CA DRE# 01389761

NV RED# 10011411

Contact Agent:

Brandon Norton

(925) 286-5049

[email protected]

CA DRE# 01985777

ADRE #BR710308000

Highlight
Prime location along Highway 70, boasting a traffic flow of 32,000 vehicles per day. Nearby retail includes Ross Dress for Less, Harbor Freight Tools, Dutch Bros, Maverick, Smart & Final, McDonald’s, Chipotle, Wendy’s, etc.

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