Grocery Outlet

NAI Elliott presents the chance to acquire Grocery Outlet, located within the Heritage Plaza in Albany, OR.

• NNN leased fee investment with minimal Landlord responsibilities 
• Continued operation since 2006, demonstrating long-term location commitment 
• Recent option execution PLUS request for additional, third option term
• 10% rental increase every five years, providing a hedge against inflation  
• Grocery Outlet is the nation’s largest extreme value grocery retailer, with more than 450 locations and over $3.6 billion in annual revenue
• Durable income stream backed by a publicly traded tenant that is a leader in its value grocery category 
• Excellent 1031 exchange opportunity or addition to a net leased portfolio.