Grocery Store Commercial Real Estate Appraisal in Sacramento

We recently just appraised a single-tenant supermarket constructed in 1958. The improvements total 60,722 square feet and are situated on a 4.79-acre site. The improvements are average quality and in average condition. The property is currently 100% leased by a regional grocery supermarket tenant with approximately 12 years remaining on the primary lease term. This commercial real estate appraisal was conducted for a national financial institution.