Investment Highlights
- Absolute NNN investment
- One corporate master lease covering all four sites
- Strong sales performance by unit; includes very high performing store in Sonoma County
- Low price per SF basis; well below replacement cost
- Initial term expires 9/30/2023
- 5% rent increases every five years
- Four 5-year options with 5% firm increases
- High barrier to entry markets
- Operator has strong brand value in their markets
Additional Tags:
Grocery, investment, Raleys, real estate, Safeway, single tenant net leased property, Vons, off market nnn, Supermarket, 1031 Exchange, Whole Foods, Triple Net Properties
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