$14,731,121 USD
818-259-0476
150 Bicentennial Way
Santa Rosa, CA 95403
Outer Santa Rosa
HIGHLIGHTS
- Rare Single-Tenant Absolute NNN Grocery Asset ±55,339 SF Lucky California on ±6.14 acres. Absolute NNN lease with zero landlord responsibilities.
- Prime Infill NorCal Area Location - Strategically located near the US-101 interchange and Kaiser Permanente; high-traffic corridor with 52,523 CPD
- Corporate Lease with Save Mart Companies - Operated by a leading West Coast regional grocery operator with over 200 locations.
- Strong Parent Company: The Jim Pattison Group - Backed by one of North America’s largest private firms, generating $19 billion in annual revenue.
- Fee Simple Ownership with Depreciation Benefits - Investors benefit from fee simple ownership of the asset, allowing for potential tax advantages
- Long-Term Lease with Built-In Growth - 10+ years remaining (expires Nov 2036) featuring 1.75% annual rent increases and multiple renewal options.
FOR SALE DETAILS
PRICE
$14,731,121 USD
PRICE/SF
$268 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Lucky
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
334
LAND DETAILS
LAND ACRES
6.14 AC
LAND SF
267,458 SF
ZONING
-
APN/PARCEL ID
173-060-006
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818-259-0476
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818-259-0476
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