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3600 Lake Tahoe Blvd
South Lake Tahoe, CA 96150
20 Year Net Leased Whole Foods Market · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Supermarket
Building Size
25,000 SF
Building Class
B
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
3.00 AC
Zoning
TSC-G
Parking
132 Spaces (4.71 Spaces per 1,000 SF Leased)
Frontage
453’ on Lake Tahoe Blvd

About 3600 LAKE TAHOE BLVD , SOUTH LAKE TAHOE, CA 96150

Pegasus Investments, in cooperation with Retail West, is extremely excited to present a truly generational opportunity to acquire a newly constructed single tenant Whole Foods Market located on the California side of South Lake Tahoe. After years of planning, predevelopment and coordination with the City of South Lake Tahoe, qualified investors are now able to acquire this trophy net leased investment property, an opportunity which likely will not be replicated for generations. The property is secured by a 20 year net lease with 10% increases every 5 years, and carries a corporate guaranty from Whole Foods Market Inc., a wholly owned subsidiary of Amazon.com Inc (“Amazon”). In addition to the security of the Whole Foods lease, investors should focus heavily on the property’s attractive cost basis, unique opportunities to create bonus operating income, and irreplaceable real estate.

Property Taxes

Property Taxes

Parcel Number
027-040-044-000
Land Assessment
$3,827,760
Improvements Assessment
$10,735,227
Total Assessment
$14,562,987
  • Listing ID: 16189763

  • Date on Market: 5/30/2019

  • Last Updated:

  • Address: 3600 Lake Tahoe Blvd, South Lake Tahoe, CA 96150

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