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2900 Sperry Ave
Patterson, CA 95363
Grocery Outlet · Commerce de détail Propriété À vendre


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Faits saillants de l'investissement
- 15-year net lease (12+ years remaining) to Grocery Outlet, with over 500 locations nationwide.
- Corporate-backed lease by Grocery Outlet Inc., a publicly traded company (NASDAQ: “GO”), enhances investment security with a proven track record.
- The company narrowed its 2025 net sales outlook to a range of about $4.70B to $4.72B, which represented roughly 5% to 6% year-over-year growth
- 10% rental increases every five (5) years in the initial term and four (4) option periods.
- Grocery Outlet has demonstrated financial stability, with a market cap exceeding $1.5 billion as of 2025.
- The company’s updated full-year 2025 outlook raised guidance from 33–35 net new stores to 37 new store openings.
Résumé de l'annonce
This property occupies a high visibility position at the signalized intersection of Sperry Avenue, which carries approximately 11,200 vehicles per day, and Rogers Road. The corner location provides strong access, exposure, and ease of ingress and egress, supporting consistent customer traffic.
The tenant demonstrates operational strength, with net sales increasing approximately 10.1 percent in fiscal year 2024 to $4.37 billion. This upward trajectory reflects brand stability and continued consumer demand.
The site also benefits from direct visibility and access from Interstate 5, which sees traffic counts of roughly 55,400 vehicles per day. This exposure enables the property to capture commuter traffic and regional draw beyond the immediate trade area.
Demographically, the fifteen mile radius encompasses a population of 124,779. Within one mile, the average annual household income is approximately $155,783, supporting strong purchasing power and sustained retail performance.
Strategically positioned between San Francisco, San Jose, and Stockton, the location provides connectivity to major Bay Area employment centers and commuter corridors. Projected income growth across the one, three, and five mile radii over the next five years further supports long term revenue stability and market expansion for this Grocery Outlet location.
The tenant demonstrates operational strength, with net sales increasing approximately 10.1 percent in fiscal year 2024 to $4.37 billion. This upward trajectory reflects brand stability and continued consumer demand.
The site also benefits from direct visibility and access from Interstate 5, which sees traffic counts of roughly 55,400 vehicles per day. This exposure enables the property to capture commuter traffic and regional draw beyond the immediate trade area.
Demographically, the fifteen mile radius encompasses a population of 124,779. Within one mile, the average annual household income is approximately $155,783, supporting strong purchasing power and sustained retail performance.
Strategically positioned between San Francisco, San Jose, and Stockton, the location provides connectivity to major Bay Area employment centers and commuter corridors. Projected income growth across the one, three, and five mile radii over the next five years further supports long term revenue stability and market expansion for this Grocery Outlet location.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
20 000 pi²
Classe d’immeuble
B
Année de construction
2023
Prix
9 412 712 $ CAD
Prix par pi²
470,64 $ CAD
Taux de capitalisation
5,85%
Revenu net d’exploitation
550 612 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,23
Taille du lot
1,99 AC
Zonage
PATHSC
Stationnement
85 places (5,67 places par 1 000 pi² loué)
Impôts fonciers
| Numéro de lot | 021-93-13 | Évaluation des bâtiments | 8 767 411 $ CAD |
| Évaluation du terrain | 1 094 964 $ CAD | Évaluation totale | 9 862 375 $ CAD |
Impôts fonciers
Numéro de lot
021-93-13
Évaluation du terrain
1 094 964 $ CAD
Évaluation des bâtiments
8 767 411 $ CAD
Évaluation totale
9 862 375 $ CAD
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