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Grocery Outlet | Santa Maria, CA 1620 E Clark Ave 16,000 SF Retail Building Orcutt, CA 93455 $5,680,000 ($355/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
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- Retailer
- -
- -
- -
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 END | ||
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Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 129-280-028 | Improvements Assessment | $13,000 |
| Land Assessment | $331,340 | Total Assessment | $344,340 |
PROPERTY TAXES
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Grocery Outlet | Santa Maria, CA | 1620 E Clark Ave
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