Grocery Outlet

For Sale

18657 Oak Meadow Drive, Middletown, CA 95467

This Middletown property for sale is located at 18657 Oak Meadow Drive. The current listed sale price for Grocery Outlet is $5,200,000.

Contacts

broker

Ryan Orn

Capital Rivers Commercial

(916) 514-5225

Property Details

  • 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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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

Attachments

Getting around

  • 16/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Ryan Orn

Capital Rivers Commercial

(916) 514-5225