Freestanding Grocery-Anchor Retail
2020 Oddie Boulevard Sparks, NV 89431
2020 Oddie Boulevard, Sparks, NV, 89431
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For Sale
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NNN-leased freestanding retail building occupied by Grocery Outlet under a 10-year lease.
Property Size19,937 SF
Price / SF$129.66
Days on Market50
Property Features for 2020 Oddie Boulevard
General Information
- Standard status
- Active
- Size
- 19,937 SF
- Property subtype
- Retail
Listing agency
Kin Properties Inc
Listed by
Jeff Ross · License #FL
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 1:50PM Checked: Jul 20 at 4:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kin Properties Inc
Investment Insights
Based on property information with market context.
This is a freestanding retail investment property occupied by Grocery Outlet, offered as a NNN lease. The current lease term runs 10 years, with (2) additional 5-year options, providing long-term tenant continuity. The asking structure is under a net lease format, and the current rent is reported as slightly below market rent. The building is sized at 19,937 square feet.
The property is located at 2020 Oddie Boulevard in Sparks, Nevada, and is positioned on a strong retail corridor. This setting supports day-to-day shopping activity for a grocery-focused tenant, and the configuration is designed for a dedicated neighborhood retail presence.
For investors and buyers seeking a stabilized, single-tenant retail asset, this offering provides an NNN structure and a defined lease schedule with renewal options. The tenant’s grocery and convenience use aligns with the property’s freestanding retail design, and the current lease provides a clear runway through the initial term and into the option periods.
The property is located at 2020 Oddie Boulevard in Sparks, Nevada, and is positioned on a strong retail corridor. This setting supports day-to-day shopping activity for a grocery-focused tenant, and the configuration is designed for a dedicated neighborhood retail presence.
For investors and buyers seeking a stabilized, single-tenant retail asset, this offering provides an NNN structure and a defined lease schedule with renewal options. The tenant’s grocery and convenience use aligns with the property’s freestanding retail design, and the current lease provides a clear runway through the initial term and into the option periods.
Key Highlights
- Free‑standing retail building leased to Grocery Outlet under a 10‑year lease
- Lease includes (2) 5‑year options
- NNN lease structure
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery Outlet
Grocery & Convenience Store
Similar For Sale Nearby
Similar Off Market Nearby
- Paul's Market — 1550 Vance Way, Sparks, NV 89431
- Yim's Market — 1210 Rock Blvd, Sparks, NV 89431
- Grocery Outlet — 2020 Oddie Blvd, Sparks, NV 89431
FAQs
What type of property is this?
Grocery and convenience store - NNN-leased freestanding retail building occupied by Grocery Outlet under a 10-year lease.
Where is this grocery and convenience store located?
The property is located at 2020 Oddie Boulevard Sparks, NV.
What is the asking price?
The asking price for this property is $2,585,000.
What are key features of this property?
This property features: Free‑standing retail building leased to Grocery Outlet under a 10‑year lease; Lease includes (2) 5‑year options; NNN lease structure
