Dollar General, Blythe CA

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Available $2,469,500 - Retail - Single Tenant
Cap Rate:  5.75%Size:  9,026 SFTerm:  15 Years Print

Investment Offering & Highlights

  • Build to suit construction for Dollar General
  • 15 year triple net lease commencing upon opening
  • Scheduled to open January 2021
  • Three five-year options with 10% rental increases at the start of each option
  • Dollar General is an investment grade tenant with an S&P rating of “BBB”
  • Dollar General has over 16,000 stores nationwide
  • Tenants in the area include Starbucks, Chevron, AutoZone, Rite Aid, U-Haul and McDonald’s
  • Located off the main east-west arterial through Blythe
  • Average household income of $67,669
  • Blythe is located between the West Coast and the Phoenix MSA area

Property Description

Cushman & Wakefield Net Lease Group is pleased to offer for sale a brand new Dollar General Leased to Dolgen California, LLC, with a guaranty by Dollar General. The property is currently under construction and is set to be completed in January 2021. The approximate 9,026 square foot single story Dollar General retail building will have 26 onsite parking spaces, and the construction will be concrete block in front with prefab steel on the sides and back. The lease term is 15 years commencing upon opening. The lease is absolute net, with the tenant responsible for taxes, insurance, common area maintenance including roof, structure and parking lot. There are three five-year options to extend the lease with 10% increases at the start of each option.

Please use the following link to access the full OM: https://www.crexi.com/properties/437354/california-dollar-general

  • Offering Memorandum

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