Family Dollar

1919 Almond St, Dos Palos, CA 93620

Accepting Offers

Asking Price

$1,940,000

Family Dollar

1919 Almond St, Dos Palos, CA 93620

Details

Asset Type: Real Estate

Estate: Fee Simple

Year Built: 2019

Number of Floors: 1

Parking Count: 37

Property Size: 9,180 SF

Property Type: Retail

Occupancy %: 100

Land Area: 0.54 Acres

Number of Units: 1

NOI: 127,100

Investment Highlights

Corporate guaranteed tenant: Family Dollar recently purchased by group of private equity firms: Brigade Capital Management, Macellum Capital Management, and Arkhouse Management.
10-Year long term initial lease with 3 years remaining on the current term with 4 X 5 year options.
7% rent increases for each option period.
NN Lease: Landlord responsible for roof & structure.
Corner lot with ample parking.
Easy access to CA Hwy-33 which connects the top of the Central Valley to Southern California.
Located in CA Opportunity Zone.
Down the street from Dos Palos High, a lynchpin of the community.

Family Dollar

The Ballesteros Team is pleased to present for sale 1919 Almond St Dos Palos, a single tenant net leased Family Dollar consisting of a 9,180 SF building on a 0.54 AC lot. Family Dollar has 3 years left to go on an initial 10 year term with four (4) five (5) year options remaining.

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