SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, freestanding, corporate guaranteed (NASDAQ: GO) Grocery Outlet investment property located in Oakland, California (San Francisco MSA). The tenant, Grocery Outlet Inc., recently signed a new 10 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Grocery Outlet is a high-growth, value retailer operating more than 540 independently operated stores across 16 states, including its corporate headquarters in Emeryville, California, less than five miles from the subject property. The subject property is expected to open on 10/15/2026.