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1650 Highway 46
Wasco, CA 93280

$5,470,000 USD

Freestanding For Sale  •  16,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 16,000 SF
  • Lot Size 2.32 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 6.00 %
  • Tenancy Single
0 Transit Score
30 Walk Score

Highlights

Corporate Grocery Outlet (NASDAQ: GO; S&P: 400): New 15-Year Lease With 10% Increases Every 5 Years
Grocery Outlet Describes Itself as the Nation’s Fastest-Growing Extreme-Value Grocery Retailer, and Opened 67 Stores in 2024
Grocery Outlet Has 550+ Stores Across 16 States and $4.1 Billion in Annual Revenue
Only Grocery Outlet in a 22-Mile Radius
Conveniently Accessible to Interstate 5 and State Highways 99, 46, 43, and 58
Prime Weekend and Commuter Traffic Location Connecting to Paso Robles Along CA-46
Cap Rate: 6.00 %

Public Transportation

AirportDriveWalkDistance
Meadows Field 33 min - 24.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 72
Type: Surface
Included in Rent: Yes
Bill Asher 844-585-7684 Hanley Investment Group
Bill Asher 844-585-7684 Hanley Investment Group