1124 3rd Street Crescent City, CA 95531

Listing Agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Chris Mullin · License #12298078-SA00.

Source Crexi

Added: May 14 Checked: Jul 15 at 12:43 pm

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Investment Insights

Based on property information with market context.

The property at 1124 3rd Street in Crescent City, California, is a Grocery Outlet. It features approximately 18,100 rentable square feet on an estimated 1.32-acre parcel. The Grocery Outlet has been operating at this location since 1993 under a long-term Double Net (NN) lease. The current annual rent is $156,592, with scheduled 10% rental increases every six years.

Key Highlights

• Long‑term Double Net (NN) lease structure with Grocery Outlet, providing stable income.
• Grocery Outlet has been operating at the location since 1993, demonstrating established success.
• Current annual rent of $156,592 offers immediate return on investment.

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Similar Off Market Nearby

• Grocery Outlet — 1124 3rd St, Crescent City, CA 95531
• Safeway — 475 M St, Crescent City, CA 95531

FAQs

What type of property is this?

Grocery and convenience store - Grocery Outlet property for sale in Crescent City, California.

Where is this grocery and convenience store located?

The property is located at 1124 3rd Street Crescent City, CA.

What is the asking price?

The asking price for this property is $2,723,339.

What are key features of this property?

This property features: Long‑term Double Net (NN) lease structure with Grocery Outlet, providing stable income.; Grocery Outlet has been operating at the location since 1993, demonstrating established success.; Current annual rent of $156,592 offers immediate return on investment.