37505 State Highway 299 E Burney, CA 96013
Sponsored
Property Features for 37505 State Highway 299 E
General Information
- Property type
- Other retail properties
- Square Feet
- 20,000 SF
- Price / Square Foot
- $375
- Class
- B
- Total Parking Spaces
- 86
- Elevators
- N/A
- Lot Size
- 87,556 SF
- Net Operating Income
- $462,000
Building Details
- Year Built
- 2020
- Buildings
- 1
- Stories
- 1
Overview
Grocery Outlet Investment Opportunity
This 20,000 square foot retail building is located in Burney, California. The property is currently leased to Grocery Outlet, which is the only one within a one-hour radius. Situated on a 2.01-acre lot on State Highway 299 E, the property benefits from high visibility, with approximately 5,550 vehicles passing daily. Its location is near Burney Junior-Senior High School and Burney Elementary School, as well as Pit River Casino and major retailers such as McDonald's, Safeway, and Dollar General. The property is located within Burney's primary retail hub, benefiting from the town's continued population growth and its appeal as a tourist destination due to its proximity to Burney Falls. The current lease features a 10+ year term with four five-year option periods. The tenant is responsible for all expenses excluding structural portions of the building. The lease includes 10% rental increases every five years. The property's location on State Highway 299 is a high-traffic area.
HighLights
- 20,000 sq ft retail building in Burney, CA, with a 10+ year NNN lease.
- High‑visibility location on State Highway 299, near schools and major businesses.
- Grocery Outlet, the only one within a one‑hour radius, is the anchor tenant.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail properties
Location Insight
- Map
- Local Demand
- City
- Burney
- State
- California
- Longitude
- -121.650937
- Latitude
- 40.891188
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Other retail property - Grocery Outlet, High-Traffic Location
Where is this other retail property located?
The property is located at 37505 State Highway 299 E Burney, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 20,000 sq ft retail building in Burney, CA, with a 10+ year NNN lease.; High-visibility location on State Highway 299, near schools and major businesses.; Grocery Outlet, the only one within a one-hour radius, is the anchor tenant.
