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Grocery Outlet Investment Opportunity
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880 Hanson St, Winnemucca, NV 89445

NNN leased Grocery Outlet with long-term corporate lease.

Property Size20,000 SF
Price / SF$330
Days on Market138

Property Features for 880 Hanson St

General Information

Standard status Active
Size 20,000 SF
Property subtype Retail
Lease Type NN
Investment Type Net Lease
Net Operating Income $462,000

Building Details

Year Built 2020
Tenancy Single
Listing Agency: Cushman & Wakefield - Reno, Nevada
Listed By: Michael Maloney · License #NV 0166897
Source: Crexi
Added: Mar 27 Changed: Aug 9 Last Checked: Aug 11 at 9:34AM

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 Cushman & Wakefield - Reno, Nevada

Investment Insights

Based on property information with market context.

This property is a long-term corporate net lease opportunity suitable for passive investment. The tenant, Grocery Outlet, is the nation’s largest extreme value grocery retailer, with over 520 locations and over $4 billion in annual revenue. Grocery Outlet plans to open 35 new stores in fiscal 2025. The lease includes four five-year option periods and 10% rental increases every five years. The property offers excellent visibility and access, with 12,600 vehicles per day on Hanson Street and immediate access to Interstate 80, which sees more than 7,000 vehicles per day. The property size is 20000 square feet.

Key Highlights

  • Long‑term corporate net lease with four five‑year option periods, ideal for passive investment.
  • Grocery Outlet is a major national grocery retailer with over 520 locations and $4 billion+ annual revenue.
  • Enjoy 10% rental increases every five years, hedging against inflation.

Property Analytics

Current Use

Primo Water Refill Big Box & Wholesale Store Grocery Outlet Grocery & Convenience Store

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Plumbing Service Tech Support Center

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

663
Businesses Nearby
Balanced
Demand for This Use

Demographics for 89445, NV

16,896
Population
7,533
Households
2.2
Avg Household Size
37
Median Age
19%
College-Educated
87%
High-School Grad
2,817.8 sq mi
ZIP Area
6
Density / Sq Mi
$80,801
Median Household Income
$52,531
Median Earnings
$1,005
Median Rent
$258,200
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
Rey
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Similar Off Market Nearby

  • Grocery Outlet 880 Hanson St, Winnemucca, NV 89445

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - NNN leased Grocery Outlet with long-term corporate lease.
Where is this grocery and convenience store located?
The property is located at 880 Hanson St Winnemucca, NV.
What is the asking price?
The asking price for this property is $6,600,000.
What are key features of this property?
This property features: Long‑term corporate net lease with four five‑year option periods, ideal for passive investment.; Grocery Outlet is a major national grocery retailer with over 520 locations and $4 billion+ annual revenue.; Enjoy 10% rental increases every five years, hedging against inflation.
More about this property
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