Family Dollar
2130 Feather River Boulevard, Oroville, CA
For Sale
Retail
Free Standing
$1,060,623
Price
7.4%
Cap Rate
$78,486
NOI
Overview
Cap Rate
7.4%
NOI
$78,486
Building Size
9,400 sqft
Lot Area
1.25 sqft
Occupancy
100%
Lease Type
Double Net
Year Built
1995
Tenancy
Single
Description
A resilient dollar store-concept retailer in a recently redeveloped building located in Oroville, CA with excellent visibility from Highway 70 (31,500 VPD)
Highlights
- Renovated building on large parcel - 1.25 acres
- Excellent visibility – frontage on Highway 70 with 31,500 VPD amidst one of the main shopping corridors within the 5-mile radius of the Oroville community
- Dollar store chains have seen same store sales increase since the beginning of the pandemic
- Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second-largest discount retailer in North America with more than 16,300 locations