27315 N Bay Rd - Supermarket FOR SALE
Blue Jay, CA 92317 |
$6,460,000 USD
844-585-7684
27315 N Bay Rd
Blue Jay, CA 92317
HIGHLIGHTS
- Single-Tenant Corporate Grocery Outlet; Recent Remodel: High-performing store (contact listing agent for further details)
- New 10-year lease; 10% increases in option periods
- The property recently underwent a remodel that included a state-of-the-art design with high-quality materials
- Grocery Outlet has Become the Jewel of the Value Grocery Store Category
- Extremely Limited Competition in the Surrounding Area: The property is one of only three supermarkets within a 20+ mile radius
- Affluent Demographics; $149,000+ Average Household Income Within a 1-Mile Radius
FOR SALE DETAILS
PRICE
$6,460,000 USD
PRICE/SF
$538 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Grocery Outlet | Lake Arrowhead, CA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
79
LAND DETAILS
LAND ACRES
1.51 AC
LAND SF
65,776 SF
ZONING
-
APN/PARCEL ID
0335-031-06
ASK ABOUT THIS PROPERTY
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844-585-7684
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844-585-7684
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