Grocery Outlet NNN Properties for Sale

2 live Grocery Outlet listings as of October 7, 2026.

Grocery Outlet cap rates by band

Live Grocery Outlet listings by asking cap rate, as of October 7, 2026
Cap rate bandListingsAverage asking price
6.00% – 6.99%2$4.33M

Grocery Outlet listings by state

Live Grocery Outlet listings by state, as of October 7, 2026
StateListingsAverage cap rate
California16.25%
Idaho16.25%

Grocery Outlet remaining lease term

Live Grocery Outlet listings by remaining primary term, as of October 7, 2026
Remaining termListingsAverage cap rate
Under 5 years16.25%
10 – 14.9 years16.25%

Buying Grocery Outlet in a 1031 exchange

In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.

1 of the 2 live Grocery Outlet listings have 10 or more years of primary lease term remaining (as of October 7, 2026).

Grocery Outlet due-diligence checklist

  • Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
  • Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
  • Order tenant estoppel and SNDA documents before closing.
  • Review the title commitment, survey and zoning report for the parcel.
  • Commission a Phase I environmental site assessment.
  • Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
  • Verify property tax, insurance and CAM reimbursements against the lease.
  • Review store-level sales or rent-to-sales data if the tenant reports it.

Grocery Outlet net lease FAQ

How many Grocery Outlet net lease properties are for sale?

Net Lease World shows 2 live Grocery Outlet listings as of October 7, 2026.

What cap rates are Grocery Outlet properties listed at?

Live Grocery Outlet listings with a published cap rate range from 6.25% to 6.25%, with a median of 6.25% (as of October 7, 2026). These are asking cap rates, not closed sales.

What is the typical asking price for a Grocery Outlet property?

The median asking price across live Grocery Outlet listings with a published price is $4.33M (as of October 7, 2026).

Which states have the most Grocery Outlet listings?

California (1), Idaho (1). Listings appear in 2 states in total (as of October 7, 2026).

How much lease term is left on Grocery Outlet listings?

The median remaining primary lease term is 7.0 years; 1 listing has 10 or more years remaining (as of October 7, 2026).

Live Grocery Outlet listings