Dollar General, Holtville CA

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Available $2,586,000 - Retail - Single Tenant
Cap Rate:  5.75%Size:  7,500 SFTerm:  15 Years Print

Investment Offering & Highlights

  • Build to suit construction for Dollar General
  • 15 year triple net lease commencing upon opening
  • Recently opened mid October 2020
  • 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 AutoZone, 7-Eleven, Family Dollar & NAPA Auto Parts
  • Located on the main east-west arterial through Holtville
  • Average household income of $72,567
  • Holtville is approx. 100 miles east of the San Diego International Airport

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 recently opened with new build to suit construction. The approximate 7,500 square foot single story Dollar General retail building has 32 onsite parking spaces, and the construction is concrete block in front with prefab steel on the sides and back. The lease term is 15 years commencing in mid October 2020. 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/355276/california-dollar-general-socal-long-term-lease

  • Offering Memorandum

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Property Location