Dollar General | Absolute Triple Net (NNN) Lease

$2,500,000

20639 Big Spring Road, Weed, CA 96094

For Sale

Retail Free Standing

Pending

Last Updated: 09/20/2021

Details:

Cap Rate: 5.5%

NOI: $137,472

Building Size: 9,100 sqft

Lot Area: 3.84 acres

Lease Type: Absolute Net

Year Built: 2021

Price Per Sqft: $274.72

Roof & Structure: Tenant’s Responsibility

HVAC: Tenant’s Responsibility

Floor: Tenant’s Responsibility

Offered by

Kaveh Ebrahimi

Managing Partner

AiCRE Partners

#01896322

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Chris Naylon

Agent

Sands Investment Group

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Highlights:

New Construction 9,100 SF Build-to-Suit Dollar General Located in Weed, CA
Brand New 15 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
Location is Currently Under Construction and Scheduled For Delivery in Mid April 2021
10% Rental Increases in Each of the Three, 5 Year Option Periods
Corporate Guaranteed NNN With Dollar General
Dollar General is a Publicly Traded (NYSE: DG) Fortune 500 Company With an S&P Investment Grade Credit Rating of BBB
Dollar General Has Been in Business For 80 Years and Has a Current Net Worth of Over $6.2 Billion
Dollar General Operates 16,979 Stores in 46 States as of October 30, 2020
The City of Weed, California is Nestled at the Base of Mount Shasta in the Cascade Mountains and Half Way Between San Francisco and Portland
How Dollar General is Bucking the Retail Trend
Neighboring Tenants Include: Subway, Starbucks, Taco Bell, Comfort Inn, McDonald’s, Burger King, Quality Inn, NAPA Auto Parts and More

Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,100 SF Dollar General at 20639 Big Spring Road in Weed, California. This Opportunity Includes a Brand New 15 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.