For Sale
Grocery Outlet
18657 Oak Meadow Drive, Middletown, CA 95467
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.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.
Key features
- Price: $5,200,000
- Cap Rate: 6.00%
- NOI: $312,000
- Lease Term: 12+ 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
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Reach out to the broker for more info on lease terms and amenities
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Contacts
Ryan Orn
Capital Rivers Commercial
Building Details
- For Sale $5,200,000
- Property Type Retail - Street Retail
- Property Size 18,000 SF
- Additional Rent Contact for pricing
- Date Updated Jun 20, 2024
Attachments
Getting Around
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Walk Score ®
Car-Dependent (16) -
Bike Score ®
Somewhat Bikeable (34)
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Location
- City Middletown, CA
- Neighborhood Hidden Valley Lake
- Zip Code 95467
Points of Interest
Cobb Pacific
8.73 miles
18657 Oak Meadow Drive Listing Summary
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What is the asking price at Grocery Outlet?
Grocery Outlet is currently listed for sale at $5,200,000.
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What is the total size of Grocery Outlet?
Grocery Outlet has a total of 18,000 square feet.
Contact Listing Broker
Ryan Orn
Capital Rivers Commercial