40301 Junction Dr - Supermarket FOR SALE


Oakhurst, CA 93644
$3,670,000 USD
415-770-9800
40301 Junction Dr, Oakhurst, CA for Sale
$3,670,000 USD
Supermarket - FOR SALE
1/4
null | 5.99% Cap Rate

40301 Junction Dr
Oakhurst, CA 93644


HIGHLIGHTS

  • Low Price Per Square Foot, Below Market Lease Rate, and Net Lease Near Yosemite

OVERVIEW

LOW PSF and BELOW MARKET LEASE RATE The best investments are priced at a discount, have durable and rising income from a successful tenant, plus strong current demand characteristics and prospects. Exactly matching these attractive and rare criteria, the Oakhurst Grocery Outlet features a single-tenant net lease (with below market rental rate) to an internet-resistant, value-driven essential retail anchor, plus prime location nearby Yosemite National Park. Year-round tourism plus a growing residential population provides diversified and perpetual demand for bargain groceries. Consequently, this offering represents one of the finest possible acquisition opportunities. Grocery Outlet, a dominant food retailer with a recession-proof market niche, leases on a net basis the entire 18,050 square foot building until September 30, 2033. With an automatically rising rental rate, this scheduled rent increases to $242,000 during 2028. The tenant has three (5-year ±) lease renewal options.

FOR SALE DETAILS

PRICE

$3,670,000 USD

PRICE/SF

$203 USD /SF

CAP RATE

5.99%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grocery Outlet

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

PSC

APN/PARCEL ID

064-071-024

ASK ABOUT THIS PROPERTY

Charles McCabeSan Francisco Capital AdvisorsMore Info
415-770-9800

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Charles McCabeSan Francisco Capital AdvisorsMore Info
415-770-9800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.