100% Leased | 10 Year Net Lease | Grocery Outlet
This offering presents an opportunity to acquire a passive, necessity-based retail asset backed by a proven grocery operator (Grocery Outlet). The combination of stable workforce demographics, regional demand drivers, and a long-term net lease structure provides durable income and downside protection within the growing Palm Desert market.
Investment highlights
- 15-year lease to Grocery Outlet (~10 years remaining), a national grocer tenant, with a proven discount grocery concept
- Strategic Coachella Valley location & durable workforce demographics, adjacent to a Walgreens Pharmacy
- Long-term net lease with ~10 years remaining (+20 years of extension options), ideal for 1031 exchange buyer