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Single-Tenant Retail Grocery Lease
For Sale
$6,100,000

603 W 12th S, Alturas, CA 96101

One-story retail building built in 2019, leased on absolute NNN to Grocery Outlet with multiple extension options.

Property SizeContact for details
Days on Market63

Property Features for 603 W 12th S

General Information

Standard status Active
Property subtype Retail
Listing Agency: Pleasanton
Listed By: Sandra Weck · License #CA-00861536
Source: Colliers
Added: Jun 22 Changed: Aug 23 Last Checked: Aug 23 at 3:22AM

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 Pleasanton

Investment Insights

Based on property information with market context.

This single-tenant retail property is leased on an absolute NNN basis to Grocery Outlet. The one-story building was constructed in 2019 and totals approximately 16,000 square feet, designed to serve as a dedicated grocery retail location. The lease includes a remaining term with multiple extension options, providing a structure intended to support long-term income durability.

The property is located at 603 W 12th St in Alturas, California, on a highly visible commercial site.

For investors seeking a stabilized, absolute NNN retail asset backed by an established national grocery operator, this Grocery Outlet lease offers clear single-tenant tenancy and defined renewal opportunities.

Key Highlights

  • Single‑tenant retail property leased on an absolute NNN basis to Grocery Outlet
  • Grocery Outlet is a publicly traded national grocery operator with a strong Northern California presence
  • One‑story building totaling 16,000 SF constructed in 2019

Property Analytics

Current Use

Grocery Outlet Grocery & Convenience Store

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Parking Lot & Garage Real Estate Agency Electrical Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

332
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Groceries 30% Dining 8% Hotels & Casinos 5%
Grocery Outlet Bargain Market Groceries
7,601 visits/mo 0.1 miles
Dollar General Shops & Services
5,670 visits/mo 0.3 miles
Chevron Shops & Services
5,167 visits/mo 0.4 miles
SUBWAY Dining
2,128 visits/mo 0.3 miles
Les Schwab Tire Center Shops & Services
1,616 visits/mo 0.2 miles

Demographics for 96101, CA

5,238
Population
2,456
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
86%
High-School Grad
596.6 sq mi
ZIP Area
9
Density / Sq Mi
$57,117
Median Household Income
$36,011
Median Earnings
$830
Median Rent
$192,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - One-story retail building built in 2019, leased on absolute NNN to Grocery Outlet with multiple extension options.
Where is this nnn property located?
The property is located at 603 W 12th S Alturas, CA.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: Single‑tenant retail property leased on an absolute NNN basis to Grocery Outlet; Grocery Outlet is a publicly traded national grocery operator with a strong Northern California presence; One‑story building totaling 16,000 SF constructed in 2019
More about this property
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