37505 State Highway 299 E Burney, CA 96013

This exceptional investment opportunity presents a 20,000 square foot retail building currently leased to Grocery Outlet, the only one within a one-hour radius. Strategically located on State Highway 299 E in Burney, CA, this property boasts high visibility with approximately 5,550 vehicles passing daily. Its prime location near Burney Junior-Senior High School and Burney Elementary School, along with proximity to Pit River Casino and other major retailers like McDonald's, Safeway, and Dollar General, ensures consistent traffic and strong tenant performance. The property sits on a 2.01-acre lot 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, providing long-term stability and rental income. The tenant is responsible for all expenses excluding structural portions of the building, minimizing landlord responsibilities. This presents a compelling investment opportunity with a strong tenant, excellent location, and a secure long-term lease. The property's high visibility and strategic location within a thriving community make it an ideal investment for those seeking a stable, high-return asset. The lease includes 10% rental increases every five years, further enhancing the investment's potential. This is a rare opportunity to acquire a well-established retail property in a growing market.