Rare SoCal NNN Supermarket- Strong Sales Vons Supermarket

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to acquire the net leased Vons grocery store in Yucca Valley, CA. Vons is a subsidiary of Albertsons Companies which operates over 2,200 grocery stores across 34 states, 22 distribution centers and 19 manufacturing plants and brings in over $73 billion in annual revenue. The subject property has over 6.6 lease years remaining on the primary term and benefits from percentage rent.
Vons has anchored the Joshua Village Shopping Center for over 43 years and is strategically positioned along Yucca Valley’s main retail corridor of 29 Palms Hwy which sees over 29,500 VPD. The 40,000 SF in-line building is positioned on 3.03 acres and is surrounded by national retailers including ALDI, Grocery Outlet, State Bros. Markets, Walgreens, Rite Aid, Tractor Supply Co., McDonald’s, Starbucks, Chipotle, Popeyes and more. This is an excellent opportunity to purchase a long-term grocery store asset in Southern California with 15 years in option periods, percentage rent and minimal landlord responsibilities producing years of internet resistant income.