Grocery Outlet Listing Details & Market Data

18657 Oak Meadow Drive, Middletown, CA 95467

  • For Sale $5,200,000
  • Property Type Retail - Street Retail
  • Property Size 18,000 SF
  • Date Updated Apr 19, 2024
Hidden Valley Lake is located in Northern California, in the southern part of Lake County. Nestled in the beautiful hills of historic Coyote Valley, it is 22 miles north of Calistoga, between Lower Lake and Middletown. Residents enjoy the enviable small town quality of life, yet are about two hours from either Sacramento or San Francisco.This newly constructed Grocery Outlet in Middletown, CA is the anchor for the ±29.04 acre Valley Oaks Shopping Center project. Proximity to Clearlake, Cobb Mountain, historic Middletown and Mount Saint Helena, along with local equestrian amenities, agricultural resources, large open spaces and the growing wine industry uniquely situates this opportunity.

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Attachments

Highlights

  • Price: $5,200,000
  • Cap Rate: 6.00%
  • NOI: $312,000
  • Lease Term: 13+ years remaining; expiration May 31, 2037
  • Lease Options: (4) 5-year options
  • Rental Increases: 10% every 5 years
  • Lease Type: Corporate guaranteed NNN
  • Landlord Responsibilities: Roof and structure

Contacts

broker

Ryan Orn

Capital Rivers Commercial

(916) 514-5225

Location

Getting Around

  • Walk Score ®

    Car-Dependent (16)
  • Bike Score ®

    Somewhat Bikeable (34)
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  • City Middletown, CA
  • Neighborhood Hidden Valley Lake
  • Zip Code 95467

Points of Interest

  • Northern Pacific

    8.54 miles

  • Cobb Pacific

    8.75 miles

  • Middletown Park And Ride

    4.29 miles

  • Fosters Freeze

    8.61 miles

  • KFC

    8.68 miles

  • Cobb Mountain Pizza

    8.84 miles

  • McDonald's

    9.94 miles

  • Jack in the Box

    9.95 miles

Contact Listing Broker

broker

Ryan Orn

Capital Rivers Commercial

(916) 514-5225