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Safeway  Properties For Sale 

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Interested in Purchasing a Safeway Property for Investment?

 

If you wish to purchase a Safeway property for investment, please email  info@nnndeals.com; We have access to an extensive inventory of triple net Safeway Properties for sale in Washington DC, Maryland, Virginia and the entire United States. 

 

About Safeway:

 

Safeway Inc. (NYSE: SWY), a Fortune 500 company, is North America's third largest supermarket chain, with, as of December 29, 2007, 1743 stores located throughout the western and central United States and western Canada. [3] It also operates some stores in the Mid-Atlantic region of the Eastern Seaboard. The company is headquartered in Pleasanton, California. Supermarket News ranked Safeway No. 4 in the 2007 "Top 75 North American Food Retailers" based on 2006 fiscal year estimated sales of $40.5 billion.[4] Based on 2005 revenue, Safeway is the tenth largest retailer in the United States.[5] 

Sam Seelig Company was founded in April 1912 by Sam Seelig who had come to California from Arizona in 1911. Seelig opened a single grocery store in Los Angeles at the corner of Pico and Figueroa streets.[6] The chain had grown to 71 stores by 1922.[7] After World War I the firm became deeply indebted to its main grocery wholesaler, a firm owned by W.R.H. Weldon. In a swap of stock for debt, Weldon assumed control of the chain, leaving Seelig in charge of retail operations. Seelig then left the company in 1924 to enter the real estate business, forming Sam Seelig Realty.

As a result of Seelig's departure, the company held a contest in 1925 to develop a new name, the result of which was Safeway. The original slogan was "an admonition and an invitation" to "Drive the Safeway; Buy the Safeway." [8] The point of the name was that the grocery operated on a cash-and-carry basis; it did not offer credit, as had been traditional for grocers. It was the "safe way" to buy because a family could not get into debt via its grocery bill (as many families did, especially during the Great Depression). By 1926 Safeway Stores had 322 stores centered in Southern California.

Weldon saw himself as a wholesaler and sold his 80% of the business for $3.5 million to Merrill Lynch in deal brokered by Charles E. Merrill.

 

Safeway  Properties For Sale Across the United States:

Alabama       

Alaska

Arizona

Arkansas

California

Colorado

Connecticut

Delaware

 

District of Columbia

Florida

Georgia

Hawaii

Idaho

Illinois

Indiana

Iowa

Kansas

Kentucky

Louisiana

Maine

Maryland

 

Massachusetts 

 

Michigan

Minnesota

Mississippi

Missouri

Montana

Nebraska

Nevada

New Hampshire

 

New Jersey

New Mexico

New York

North Carolina

North Dakota

Ohio

 

Oklahoma

Oregon

Pennsylvania 

Puerto Rico

Rhode Island

South Carolina

 

South Dakota          

Tennessee

Texas

Utah

Vermont

Virginia

Virgin Islands

Washington

West Virginia

Wisconsin

Wyoming

 



 

T: 202-361-3050

E: Info@nnndeals.com 

 



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