Dollar General | 3401 SW Fresno Ave
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Dollar General 3401 SW Fresno Ave
9,100 SF Retail Building Denair, CA 95316 $2,300,000 ($253/SF) 6.10% Cap Rate
Investment Highlights
- Long Term Tenant
- Close to Businesses
- High Traffic
Executive Summary
Ulrich Real Estate, Inc. is pleased to offer an approximate 9002 square foot single story Dollar General retail building with approximately 25 on-site parking spaces that is leased to Dolgen California, LLC, with a guaranty by Dollar General for 15 years with an annual rent of $140,232. The lease is triple net, with the tenant responsible for taxes, insurance, common area maintenance including roof, structure and parking lot. 6 years remain on the lease. There are three five year options to extend the lease with 10% increases at the start of each option. Located in Central Valley Denair, California.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
C
Year Built
2015
Price
$2,300,000
Price Per SF
$253
Cap Rate
6.10%
NOI
$140,232
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.12
Land Acres
1.72 AC
Zoning
H1
Parking
25 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
Parcel Number | 024-32-17 | Improvements Assessment | $1,780,701 |
Land Assessment | $381,170 | Total Assessment | $2,161,871 |
PROPERTY TAXES
Parcel Number
024-32-17
Land Assessment
$381,170
Improvements Assessment
$1,780,701
Total Assessment
$2,161,871
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Dollar General | 3401 SW Fresno Ave
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