Grocery Store NNN
For Sale
Contact for pricing
881 Palm Avenue, Imperial Beach, CA 91932
Completed in 2017, the property is supported by a long-term NNN lease with scheduled rent increases.
Property SizeContact for details
Days on Market146
Property Features for 881 Palm Avenue
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
2017
Tenancy
Single
Listing Agency:
JLL - Irvine (Orange County), California
Listed By:
Gleb Lvovich · License #CA 01385740
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 5:26PM
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 JLL - Irvine (Orange County), California
Investment Insights
Based on property information with market context.
This grocery-focused commercial property was completed in 2017 and is occupied under a 15-year NNN lease signed by Grocery Outlet. The lease provides for 10.5% rent increases every five years and includes three additional five-year options.
The property is part of a 31,934-square-foot open-air neighborhood retail center at 881 Palm Avenue in Imperial Beach, California. Its setting within a coastal-themed center supports the property's grocery and convenience-store classification while placing it within a larger commercial development.
The property is part of a 31,934-square-foot open-air neighborhood retail center at 881 Palm Avenue in Imperial Beach, California. Its setting within a coastal-themed center supports the property's grocery and convenience-store classification while placing it within a larger commercial development.
Key Highlights
- Grocery Outlet occupies the property under a 15‑year NNN lease
- 10.5% rent increases scheduled every five years
- Three five‑year lease options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
938
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 38%
ARCO
Shops & Services
7,242 visits/mo
0.3 miles
Wienerschnitzel
Dining
7,154 visits/mo
0.5 miles
Carl's Jr.
Dining
6,288 visits/mo
0.5 miles
7-Eleven
Shops & Services
6,039 visits/mo
0.5 miles
The UPS Store
Shops & Services
3,722 visits/mo
0.4 miles
Demographics for 91932, CA
26,013
Population
10,276
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
6,050
Density / Sq Mi
$79,071
Median Household Income
$41,917
Median Earnings
$1,914
Median Rent
$811,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- La Posta Market — 1260 Imperial Beach Blvd, Imperial Beach, CA 91932
- Grocery Outlet — 881 Palm Ave, Imperial Beach, CA 91932
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Completed in 2017, the property is supported by a long-term NNN lease with scheduled rent increases.
Where is this grocery and convenience store located?
The property is located at 881 Palm Avenue Imperial Beach, CA.
What are key features of this property?
This property features: Grocery Outlet occupies the property under a 15‑year NNN lease; 10.5% rent increases scheduled every five years; Three five‑year lease options
