Your email has been sent.
Grocery Outlet | Santa Maria, CA 1620 E Clark Ave 16,000 SF Retail Building Orcutt, CA 93455 $7,928,826 CAD ($495.55 CAD/SF) 5.35% Cap Rate
INVESTMENT HIGHLIGHTS
- New 10-Year Lease
- Corporate-Guaranteed Lease (NASDAQ: GO)
- Grocery Outlet has Become the Jewel of the Value Grocery Store Category
- 2025 Construction
- Fourth Quarter Fiscal 2024 Net Sales Increased 10.9% to $1.1 Billion as Compared to the Fourth Quarter Fiscal 2023
- Conveniently Accessible to Hwy 101 (55,000 CPD)
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
They are a high-growth, extreme value retailer of quality, name-brand consumables and fresh products sold through a network of independently owned and operated stores. Each of their stores offers a fun, treasure hunt shopping experience in an easy-to-navigate, small-box format. An ever-changing assortment of “WOW!” deals, complemented by everyday staple products, generates customer excitement and encourages frequent visits from bargain-minded shoppers. Their flexible buying model allows them to offer quality, name-brand opportunistic products at prices significantly below those of conventional retailers. Entrepreneurial independent owner-operators (IOs) run their stores and generally live in the community that they serve, creating a neighborhood-feel through personalized customer service and a localized product offering.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 129-280-028 | Improvements Assessment | $18,343 CAD |
| Land Assessment | $467,521 CAD | Total Assessment | $485,864 CAD |
PROPERTY TAXES
Presented by
Grocery Outlet | Santa Maria, CA | 1620 E Clark Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.