request_info_guest true

Dollar General | Absolute Triple Net Lease (NNN)

$3,168,400

100 East Blake Street, Yreka, CA 96097

Pending
Last Updated: 09/03/2021

5.5

Cap Rate

174,264

NOI

Details:
Cap Rate:    5.5%
NOI:    $174,264
Building Size:    9,100 sqft
Lot Area:    1.78 acres
Lease Type:    Absolute Net
Year Built:    2020
Price Per Sqft:    $348.18
Roof & Structure:    Tenant’s Responsibility
HVAC:    Tenant’s Responsibility
Repairs & Maintenance:    Tenant’s Responsibility
Highlights:
  • New Construction 9,100 SF Build-to-Suit Dollar General Located in Yreka, 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-December 2020 and Rent Commences in January 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
  • Currently Over 16,720 Locations and Expanding By 1,000 Stores Each Year
  • Yreka is Located in Siskiyou County Which is the Northernmost Part of the State of California
  • How Dollar General is Bucking the Retail Trend, Read More Here
  • Neighboring Tenants Include: Grocery Outlet, Yreka Community Theatre, Yreka Union High School District, J&D Family Diner, Bundle 4 Less Antiques, Super 8 By Wyndham, Mountain View Inn Yreka, Holiday Inn Express Yreka-Shasta Area, Casa Ramos Mexican, Speedway Express and Many More
Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,100 SF Dollar General at 100 East Blake Street in Yreka, California. This Opportunity Includes a High-Quality Tenant With a Long-Term Absolute Triple Net Lease (NNN) and Zero Landlord Responsibilities, Providing For a Secure Investment.

Map:
Documents:
Title
Offering Memorandum
View
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery