Grocery Outlet NNN Properties for Sale
2 live Grocery Outlet listings as of October 7, 2026.
Grocery Outlet cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| 6.00% – 6.99% | 2 | $4.33M |
Grocery Outlet listings by state
| State | Listings | Average cap rate |
|---|---|---|
| California | 1 | 6.25% |
| Idaho | 1 | 6.25% |
Grocery Outlet remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| Under 5 years | 1 | 6.25% |
| 10 – 14.9 years | 1 | 6.25% |
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
- Grocery Outlet — Oakland, CA · Asking $4.50M · 6.25% cap rate
- Grocery Outlet — Caldwell, ID · Asking $4.15M · 6.25% cap rate