Save Mart | 4043 W Clinton Ave
Newly constructed dual drive-thru 7 Brew Coffee in Brownwood, Texas, offered at $1,683,000 at a 6.00% cap ($101,000 NOI). The single-tenant asset is secured by a 15-year absolute NNN ground lease with 10% rent increases every five years and zero landlord responsibilities. The structure is fully passive and management-free, which suits out-of-state and 1031 buyers.
Built in 2025, the 510 SF building sits on a 44,431 SF (1.02-acre) C-1 parcel with 12 parking spaces along Commerce Street (US-84/US-377), Brownwood's primary commercial corridor. The trade area is anchored by Walmart Supercenter, Home Depot, and United Supermarkets, with neighboring national QSR brands such as Chick-fil-A, McDonald's, Whataburger, and Starbucks. About 36,000 residents live within ten miles.
- 15-year absolute NNN ground lease with zero landlord responsibilities
- 10% rent increases every five years
- New 2025 construction, dual drive-thru
- Leased-fee ownership; passive, 1031-eligible income
- Anchored corridor alongside Walmart Supercenter and Home Depot
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- Single-tenant Save Mart grocery store in Fresno, California, offered at $7,534,935 at a 6.20% cap ($467,166 NOI). The 50,518 SF building sits on 5.01 acres in a dense commercial corridor at the intersection of Brawley and Clinton Avenues, with exposure to over 24,000 vehicles daily. Backed by a corporate lease with Save Mart Companies—a 200+ location western U.S. grocer owned by The Jim Pattison Group—the asset delivers exceptional credit strength and long-term income security.
- The absolute NNN lease runs through November 2036 with approximately eleven years remaining, 1.75% annual rent increases, and multiple renewal options. As the tenant covers all operating expenses, taxes, insurance, maintenance, utilities, roof, structure, HVAC, and parking, ownership is fully passive. Built in 1996, the single-story property is fee simple and priced well below replacement cost at less than $150 per square foot, with in-place rents below market levels, creating meaningful long-term upside potential. The trade area is anchored by Walgreens, Burger King, Taco Bell, UPS, and Electrify America, serving an established residential market.
- Highlights:
- Absolute NNN lease; tenant responsible for all operating expenses
- 11 years remaining with 1.75% annual increases and renewal options
- Corporate-backed Save Mart (200+ locations, Jim Pattison Group ownership)
- 24,000+ daily vehicles; strong retail synergy with national anchors
- Priced below replacement cost; in-place rents below market; 1031-eligible
More property details
Location
This investment opportunity features a 50,518-square-foot single-tenant Save Mart grocery store situated on approximately 5.01 acres in the heart of Fresno, California, and offered at a 6.20% capitalization rate. The property is leased under an absolute NNN structure, providing investors with a truly passive ownership experience as the tenant is responsible for all operating expenses, including taxes, insurance, maintenance, utilities, roof, structure, HVAC, and parking. Backed by a corporate lease with Save Mart Companies—an established grocery operator with more than 200 locations across the western United States and owned by The Jim Pattison Group—the asset offers exceptional credit strength and long-term income security. The current lease extends through November 2036, with approximately eleven years remaining, annual rent increases of 1.75%, and multiple renewal options that support stable and growing cash flow. Strategically located in a dense commercial corridor at the intersection of Brawley Avenue and Clinton Avenue, the property enjoys excellent visibility, exposure to more than 24,000 vehicles per day, and strong retail synergy with nearby national tenants including Walgreens, Burger King, Taco Bell, UPS, and Electrify America. Offered well below replacement cost at less than $150 per square foot, with in-place rents below market levels, the property provides meaningful long-term upside potential. As a high-performing grocery location serving an established residential trade area, this fee simple asset represents an ideal opportunity for investors seeking dependable cash flow, future appreciation, depreciation benefits, and a high-quality 1031 exchange replacement.