Blythe, CA - Dollar General
$3,300,000
1101 E Hobsonway, Blythe, CA 92225
5.56
Cap Rate
183,762
NOI
Details:
Description:
• 5 years remaining with 2 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 19,400 locations in 47 states as of August 2023
• The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation
• This Dollar General Plus store with a footprint of 12,300 sq. ft
• Dollar General is located off the signalized, hard corner intersection of E Hobsonway and N 9th St averaging 14,300 VPD
• Ideally postioned off I-10 (30,000 VPD), providing direct on/off ramp access for travelers
• The immediate trade area is supported by surrounding retailers such as AutoZone, Rite Aid, Starbucks, Dollar Tree, and more
• This is the only Dollar General within a 20-mile radius
Location

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