Grocery Outlet

18657 Oak Meadow Drive Middletown, CA 95467

18657 Oak Meadow Drive, Middletown, CA, 95467
Grocery Outlet | Middletown, CA
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FOR SALE
Property Type:
Street Retail
Amount:
$5,200,000
Last Verified:
Apr 19, 2024

Highlights

  • Price: $5,200,000
  • Cap Rate: 6.00%
  • NOI: $312,000
  • Lease Term: 13+ years remaining; expiration May 31, 2037
  • Lease Options: (4) 5-year options
  • Rental Increases: 10% every 5 years
  • Lease Type: Corporate guaranteed NNN
  • Landlord Responsibilities: Roof and structure

Description

This newly constructed Grocery Outlet in Middletown, CA is the anchor for the ±29.04 acre Valley Oaks Shopping Center project. Proximity to Clearlake, Cobb Mountain, historic Middletown and Mount Saint Helena, along with local equestrian amenities, agricultural resources, large open spaces and the growing wine industry uniquely situates this opportunity.

Hidden Valley Lake is located in Northern California, in the southern part of Lake County. Nestled in the beautiful hills of historic Coyote Valley, it is 22 miles north of Calistoga, between Lower Lake and Middletown. Residents enjoy the enviable small town quality of life, yet are about two hours from either Sacramento or San Francisco.

Building Size: 18000sq ft
Lot Size: 0.0 acres


Documents

Download Brochure

Map of 18657 Oak Meadow Drive, Middletown, CA, 95467

Presented by:
Capital Rivers Commercial

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Gregory Aguirre


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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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