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Close of Escrow: Safeway in Pollock Pines, CA
SIG is pleased to announce the recent Close of Escrow on Safeway located in Pollock Pines, California.
Investment Highlights Include:
- New 20 Year Absolute NNN Lease with Zero Landlord Responsibilities
- Top National Credit Grocery Store – Safeway is Recognized as the Leading Grocery Store throughout the Western Region
- High Sales Volumes with Stable Sales Numbers Over the Past 5 Years
- 1.5% Increases Over the First 5 Years with 7.5% Increases Every 5 Years After
- Strong Operating History – Safeway Has Been at this Location Since 2001
- Safeway is a Long-Time Staple in the Grocery Store Industry, Formed in 1926 and Currently has 1,300+ Locations in 19 States
- Average Household Income Exceeding $81,580 Within a 5-Mile Radius
- Superior Frontage and Visibility – Immediately Off Hwy 50 Located on the Core Signalized Corner for the Pollock Pines Retail Trade Area
Listing Agents: Andy Chana and Dan Hoogesteger
For More Information Contact:
Andy Chana
Lic #01896459
310.853.1316
andy@SIGnnn.com
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