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- LoopNet Team
305 Birch St
Westwood, CA 96137
Dollar General · Retail Property For Sale

PROPERTY FACTS
- Freestanding
- General Retail Storefront
ABOUT 305 BIRCH ST , WESTWOOD, CA 96137
Embree Capital Markets Group is pleased to offer for sale, a high-quality, single-tenant, net-leased, discount retail asset. The property was newly built in 2017 and is being offered free and clear of any debt. It is a unique opportunity for an investor to acquire a well-located, investment-grade, credit-tenant asset in a desirable California geography. Dollar General Corporation (NYSE: DG) is the nation’s largest “smallbox” discount retailer, operating over 14,000 stores in 44 states as of August 2017.Dollar General plans to open approximately 1,000 new stores and relocate or remodel 900 stores in 2017.Based in Goodlettsville, Tennessee, the company was founded in 1939 and has weathered 12 technical recessions.The company makes shopping for everyday needs simpler and hassle free by offering a carefully edited assortment of the most popular brands at low everyday prices in small, convenient locations. Dollar General ranks among the largest retailers of top-quality brands made by America’s most-trusted manufacturers, such as Procter & Gamble, Kimberly Clark, Unilever, Kellogg’s, General Mills and Nabisco.Most of the company’s products are priced at $10 or less, with approximately 25% priced at $1 or less. Consumables is their largestcategory and includes paper and cleaning products, food (includingpackaged and perishables), beverages and snacks, health and beauty products, and pet supplies.Dollar General Corporation (NYSE: DG) has experienced 27 consecutive years of same-store sales growth (0.9% increase).Dollar General was ranked #139 in the Fortune 500 in 2016 (#159 in 2015), with over $22 billion in sales (0.9% increase from 2015).Moody’s recently upgraded Dollar General Corporation’s credit rating from Baa3 to Baa2 on June 1, 2016
LINKS
PROPERTY TAXES
Parcel Number | 125-152-023-000 | Improvements Assessment | $2,037,182 |
Land Assessment | $214,439 | Total Assessment | $2,251,621 |
PROPERTY TAXES
Listing ID: 10788231
Date on Market: 11/28/2017
Last Updated:
Address: 305 Birch St, Westwood, CA 96137
