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Grocery Outlet | Fresno, CA 2820 Tulare St 15,000 SF Retail Building Fresno, CA 93721 $6,170,220 CAD ($411.35 CAD/SF) 5.50% Cap Rate

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Investment Highlights

  • Single-Tenant NNN Corporate Grocery Outlet: Recent 10-Year Lease Extension; 8+ Years Remaining
  • Rare NNN Grocery Outlet Lease With Landlord Only Responsible for Structure
  • Corporate-Guaranteed Lease (NASDAQ: GO)
  • Grocery Outlet Has Operated at the Location for Over 11 Years
  • 10% Increases Every 5 Years; Next Increase in June 2029
  • Grocery Outlet Has 550+ Stores Across 16 States and $4.1 Billion in Annual Revenue

Executive Summary

Recent 10-Year Lease Extension | Dense Demographics: 316,000 People in a 5-Mile Radius | Seasoned Location with 11+ Year Operating History

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,000 SF
Building Class
C
Year Built/Renovated
2009/2014
Price
$6,170,220 CAD
Price Per SF
$411.35 CAD
Cap Rate
5.50%
NOI
$339,362 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.81 AC
Opportunity Zone
Yes
Zoning
C4
Frontage
139’ on Tulare St

Amenities

  • Signage
  • Signalized Intersection

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Triple Net
  • -

Grocery Outlet Holding Corp. is an American discount grocery retailer founded in 1946 by James Read in San Francisco, California. The company operates a network of independently owned and operated stores under the Grocery Outlet Bargain Market banner. Its business model focuses on opportunistic purchasing of surplus, overstock, and closeout products from major manufacturers, allowing customers to save 40–70% compared to conventional retail prices. As of late 2025, the company operates over 535 stores across 16 states, with California being its largest market. The Campbell location serves the South Bay area, offering groceries, fresh produce, frozen foods, health and beauty products, and household essentials at significant discounts.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - Triple Net -
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Westamerica Bank
Bank of America
Deli Delicious
Hummus Republic
Citi
Community West Bank
IHOP
Bank of Montreal
Derrel's Mini Storage
  • Listing ID: 39294156

  • Date on Market: 2026-02-02

  • Last Updated:

  • Address: 2820 Tulare St, Fresno, CA 93721

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