Dollar General Dunsmuir CA / Lease Extension Proposal to 2038 By Dollar General / Upside Potential
5130 Florence Loop, Dunsmuir, CA
$2,447,630
Price
6.5%
Cap Rate
$159,096
NOI
Overview
Description
TOUCHSTONE COMMERCIAL PARTNERS is pleased to offer for sale an absolute NNN Dollar General Store located in Dunsmuir, California. This Dollar General store is a prominent landmark visible from both sides of the Interstate 5 Freeway (20,400+ Vehicles Per Day), and has triumphantly served as the #1 destination in town for everyday necessities since 2016. Consequently, Dollar General has expressed its continued long-term plans at this store (contact Andrew for details).
Dunsmuir, located just 4 hours north of San Francisco Bay Area along the Interstate 5, serves as a gateway to multitude of spectacular destinations including Mt. Shasta, Lake Siskiyou, Shasta Lake, Shasta-Trinity National Forest, Castle Crags State Park, and a myriad of enchanting waterfalls and scenic trails. This region is a haven for outdoor activities, including hiking, skiing, fishing, river rafting, and kayaking. Just 15 miles from Dunsmuir, the College of Siskiyous boasts a picturesque 250-acre campus at the base of Mount Shasta, making it one of the state’s most scenic community college campuses.
Highlights
- LONG-TERM LEASE - 7.8+ Years Absolute NNN. 3 Of 5-Years Renewal Options With 10% Rent Increases
- TOP REGIONAL PERFORMER: #1 Local Store Destination. Ideal Demographics. Strong Passerby Traffic
- DG CORPORATE PROPOSED EXTENDING LEASE TO 2038 - Strong Performing Store [Contact Andrew For Detail]
- GATEWAY TO SPECTACULAR OUTDOORS DESTINATIONS - Iconic sites such as Mt Shasta, Shasta-Trinity National Forest, Lake Siskiyou, Mossbrae Falls
- $200M TOURISM ECONOMIC ENGINE - 96%+ Surveyed Expressed Region An Appealing Destination For Leisure Getaway
- NATIONAL INVESTMENT-GRADE TENANT - $37B Revenue. S&P Investment Grade BBB. Corporate Guaranteed Lease