1616 Main St | Susanville, CA 96130
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- LoopNet Team
1616 Main St
Susanville, CA 96130
Grocery Outlet · Retail Property For Sale
Investment Highlights
- Rare Triple Net (NNN) Lease (Landlord is responsible for structure only)
- Grocery Outlet recently executed a 5-year lease renewal, and has two 5-year options remaining with increases in each option
- Strong sales location
- Below market rent of $4.74/SF net
- Grocery Outlet is outperforming during Covid Pandemic
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
21,923 SF
Building Class
C
Year Built
1960
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
1.22 AC
Parking
70 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
488 FT on Main St
PROPERTY TAXES
| Parcel Number | 105-210-003-000 | Improvements Assessment | $843,032 |
| Land Assessment | $690,231 | Total Assessment | $1,533,263 |
PROPERTY TAXES
Parcel Number
105-210-003-000
Land Assessment
$690,231
Improvements Assessment
$843,032
Total Assessment
$1,533,263
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