291 McCray St - Supermarket FOR SALE
Hollister, CA 95023 |
$18,785,596 USD
818-259-0476
291 McCray St
Hollister, CA 95023
HIGHLIGHTS
- This investment offering includes a ±62,239 SF single-tenant Lucky California grocery store on a ±5.56-acre parcel.
- Lucky is located in a dense commercial area surrounded by rooftops, shops, parks, and schools.
- The Tenant, Lucky, is operated by Save Mart Companies, which operates more than 200 stores across California, Nevada, Oregon, and Washington.
- Strong Parent Company – The Jim Pattison Group
- Fee Simple Ownership with Depreciation Benefits
- he lease commenced in December 2021 and runs through November 2036, with approximately eleven (11) years remaining
FOR SALE DETAILS
PRICE
$18,785,596 USD
PRICE/SF
$302 USD /SF
CAP RATE
6.2%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Lucky
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
248
LAND DETAILS
LAND ACRES
5.56 AC
LAND SF
242,000 SF
ZONING
AP
APN/PARCEL ID
054-350-033-000
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818-259-0476
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818-259-0476
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