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Better Buy Discount Groceries 2130 Feather River Blvd

9,400 SF Retail Building Oroville, CA 95965 $1,535,000 ($163/SF) 7.35% Cap Rate

Investment Highlights

  • Better Buy is a Popular Local Discount Grocer
  • Gateway Location in Oroville Off Highway 70
  • NNN Lease with 10% Increase After 5 Years, No Options
  • High-Trafficked Retailers in Close Proximity

Executive Summary

This NNN leased discount grocery store is on a new 10-year lease with a 10% increase after 5 years. It is located in Oroville's main retail trade area among many high traffic national retailers. The tenant is a popular discount grocer with over 18 years of operating history in the Oroville community. The store opened on July 1st to great initial sales.

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,400 SF
Building Class
B
Year Built
1995
Price
$1,535,000
Price Per SF
$163
Cap Rate
7.35%
NOI
$112,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Land Acres
1.25 AC
Opportunity Zone
Yes
Frontage
1,563 FT on Feather River Boulevard

Nearby Major Retailers

Applebee's Grill + Bar
Waffle House
Starbucks
Dutch Bros
Grocery Outlet
Anytime Fitness
Foodmaxx
Smart & Final
Tri Counties Bank
Ww (weight Watchers)
  • Listing ID: 32058133

  • Date on Market: 6/7/2024

  • Last Updated:

  • Address: 2130 Feather River Blvd, Oroville, CA 95965

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