The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
April 13, 2021
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



RETAIL NEWS
Printer-friendly Version   Email an Associate
OC Retail Property Sells for $5.8 Mil

3/12/21

A 26.4k sf, Grocery Outlet-occupied retail property in Anaheim sold for $5.82 mil, or $220/sf. The buyer was a Los Angeles-based private investor.

The “essential needs” grocery store is situated on just over two acres at 3430 West Lincoln Ave, with a dedicated pylon sign facing Lincoln Avenue, a heavily trafficked access road to several major freeways. This Grocery Outlet is just two miles south of Knott’s Berry Farm and six miles east of Disneyland.

Alan Krueger and Vanessa Haddad with CBRE represented the buyer and the seller, Land Investments, in the transaction.

Grocery stores have been among the most stable property types in rent collection with a rent collection rate of 93%, compared to the national retail rent collection rate of 86%, according to CBRE Research.




Return to the previous page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2021 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media