Family Dollar

Dos Palos, CA

Investment Highlights

  • PASSIVE INCOME: NEW 10-YEAR DOUBLE NET (NN) LEASE WITH 4x5-YEAR OPTIONS TO RENEW
  • CORPORATE GUARANTEE FROM AN INVESTMENT GRADE TENANT (S&P: BBB-)
  • 7% RENTAL INCREASES IN EACH OPTION
  • NEW 2019 CONSTRUCTION
  • IDEAL DEMOGRAPHIC AREA FOR A FAMILY DOLLAR STORE TO THRIVE
  • LOCATED ON A HARD CORNER NEARBY DOS PALOS HIGH SCHOOL (664 STUDENTS)
  • LOCATED OFF OF CA-ROUTE 33 WHICH RUNS NORTH TO SOUTH FROM SAN JOAQUIN VALLEY TO VENTURA
  • Price: $1,955,000
  • Lot Size: 0.54
  • Cap Rate: 6.50%
  • Lease Type: Double Net (NN)
  • Year Built: 2019
  • Building SF: 9,180
  • Status: Sold
  • Guarantor: Corporate

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