590 Solano St | Corning, CA 96021
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- LoopNet Team
590 Solano St
Corning, CA 96021
SavMor · Retail Property For Sale
Investment Highlights
- Brand new, high quality Clear Span construction.
- Annual rent bumps increase yield an estimated 136 basis points over the primary term.
- NNN Lease with limited landlord responsibilities.
- Property has operated as a Grocery Store for 50+ years with a brand new 20-year lease.
- New construction doubled the prior store’s footprint, now 32,000 SF.
- Located on main thoroughfare in Corning, CA, 1.5 miles from I-5.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
32,000 SF
Building Class
C
Year Built
2019
Tenancy
Single
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.28
Lot Size
2.59 AC
Parking
118 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
251 ft on Solano Street
Amenities
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 073-010-071-000 | Improvements Assessment | £4,110,318 |
| Land Assessment | £293,438 | Total Assessment | £4,403,755 |
PROPERTY TAXES
Parcel Number
073-010-071-000
Land Assessment
£293,438
Improvements Assessment
£4,110,318
Total Assessment
£4,403,755
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