Investment Highlights
- Dominant "essential" grocery tenant with an extensive operating history and conservative occupancy cost ratio
- The offering provides investors with a stable income stream and contractual rent increases
- Haggen occupies the property on an absolute net lease with zero landlord responsibilities
- Superb access with strong vehicle traffic counts and demographic
- High quality improvements offered at a significant discount to replacement cost
- Haggen's parent company is Albertsons, which posted a market capitalization of $11.6B in May of 2023 and is in the process of being acquired by Kroger
Exclusively listed by
Broker of Record
Joel Deis
First Vice President/Regional Manager