Smart & Final Extra! | Atascadero, CA
Sands Investment Group is pleased to present this best of class Absolute NNN investment located in Atascadero, California.
LONG INVESTMENT OPPORTUNITY
- 16+ Years Remain on an Absolute NNN Lease – Zero Landlord Responsibilities
- Significant NOI Growth with 2% Annual Rent Increases Throughout Lease Term and At Options
- Next Rent Increase Takes Place in March 2019
HIGH QUALITY TENANT
- Corporate Guarantee From Smart and Final Inc, (NYSE: SFS)
- Smart & Final is One of the Most Rapidly Expanding Banners Amongst Grocery Retailers and Has Experienced an Increase in Sales Over the Last 5 Years Consecutively
- Sales Increased by 4.4% From 2017 (as of July 2018)
DOMINANT MARKET POSITION IN IDEAL CALIFORNIA LOCATION
- Anchor to Center with Select Tenants Including: Le’s Nail Spa, Pizza Express and Fantastic Sams
- Located Along US 101 and Direct On/Off Ramp Access from 101
- Over 49,000 Cars Travel Along 101 Daily
- Excellent Visibility and Prominent Signage from El Camino Real, Curbaril Avenue and US 101
- 33,000 Cars Pass By Smart & Final Extra! Every Day
- Over 64,533 People Reside Within a 10-Mile Radius
INTERNET RESISTANT TENANT
- Recession and Internet Resistant Tenant – Grocery Stores Provide a “Daily Needs” For Consumers Making the Property Recession and Internet Resistant
CLOSE PROXIMITY TO NATIONAL TENANTS
- Select Neighboring Tenants Include Goodwill, CVS, Food 4 Less, Burger King, Wendy’s, AutoZone, Walgreens, Dominos, Rite Aid, Starbucks, Vons and More
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