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- LoopNet Team
1718 S Main St
Willits, CA 95490
Retail Property For Sale
PROPERTY FACTS
About 1718 S Main St , Willits, CA 95490
The offering provides an opportunity to acquire a recently renovated Grocery Outlet located in Willits, California. Grocery outlet has a lease for the entire 39,716 SF building. Their current store occupies an estimated 65% of the gross leasable area and Grocery Outlet does have the option to sublease the vacant portion of the space. Given the low effective rent of an estimated $8/SF on the occupied space, the high volume of the store, and no sub-tenant in the first four years of the lease, Grocery Outlet does not seem eager to sublease the space.
PROPERTY TAXES
| Parcel Number | 007-170-18-00 | Improvements Assessment | $4,376,032 |
| Land Assessment | $1,084,657 | Total Assessment | $5,460,688 |
PROPERTY TAXES
