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37505 State Highway 299 E
Burney, CA 96013
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 10+ Year NNN Lease with 4-Five Year Option Periods (Ideal for Out-of-Area Investor)
  • Tenant Responsible for All Expenses Excluding Structure Portions of the Premises (Tenant Responsible for Roof Excluding Structural Portions)
  • Grocery Outlet (Nasdaq: GO) has 529+ Independently Operated Stores in the U.S. with 18 New Stores Added in 2024
  • 10% Rental Increases Every 5-Years (9.14% Average Cap Rate Over Life of Lease)
  • High-Visibility Location Along State Highway 299/Main Street, a Major East/West California Thoroughfare Connecting Five Counties
  • Only Grocery Outlet Location Within a One-Hour Drive of the Property

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
20,000 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
2.01 AC
Zoning
TL - Timberland District
Parking
86 Spaces (4.3 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
028-370-024-000
Land Assessment
$811,824
Improvements Assessment
$7,604,085
Total Assessment
$8,415,909
  • Listing ID: 34485885

  • Date on Market: 1/14/2025

  • Last Updated:

  • Address: 37505 State Highway 299 E, Burney, CA 96013

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