Smart & Final has made a pending offer for the vacated Fillmore Safeway grocery store, but approval from Safeway remains undecided. Despite the store's closure contributing to local desolation, Smart & Final's proposal may potentially rejuvenate the space. Their plan includes a significant investment of $5.5 million, alongside requests for concessions such as no base rent or property taxes. Simultaneously, Safeway is considering developing housing on the site with Align Real Estate, yet they seem open to retail tenants such as Smart & Final, pending negotiations.
Smart & Final has tendered an offer to lease the vacant Fillmore Safeway space, but the deal's acceptance remains uncertain as other grocers may join the fray.
The closure of the Fillmore Safeway has left a vacant space which some see as a potential hub for community retail, despite Smart & Final's tough negotiations.
Smart & Final's bid includes significant investment, yet it comes with hefty concessions requesting no rent or taxes during the lease, signaling a tough negotiation.
Safeway, despite working on a proposed housing complex, appears open to retail options, and Smart & Final's request for police presence shows the seriousness of local concerns.
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