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23265857
23265858

155 S 19th Ave, Lemoore, CA 93245

CENTURY 21 Select Real Estate, Inc.
Listed by CENTURY 21 Select Real Estate, Inc.
$2,152,200
580 days on market
Updated 61 days ago

Dollar General Lemoore, California

Details
APN 023-420-022-000
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 7,489
Units 1
Cap Rate 6%
NOI $129,132
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Term 15
Lease Expiration 07/31/2033
Remaining Term 7.1
Year Built 2018
Buildings 1
Zoning CMU
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/28/2018

Retail | 6.00% CAP | 7,489 SF

Marketing description

The Mueller Group is proud to offer for sale this high quality, single-tenant, triple-net leased retail asset built in 2018.

The building has +/-7,489 SF of rentable area of retail space. The property sits on +/-1.05 Acres of land.

The asset offers prominent exposure with it’s dominant market presence. Constructed out of structural steel and concrete masonry are some of the attributes of this opportunity.

The asset is insulated with fire sprinklers. There is a freight door for deliveries in the building.


Investment highlights

This free standing retail building is located within the City of Lemoore and is located within .6 miles from HWY 41 / Bush Street Exit . exit.

This building offers +/-7,489 SF of retail /building on +/-1.05 acres.

Steel and Concrete construction built in 2018.

  • California is the fifth largest economy in the world with Sacramento being its capital. Historically known for the Gold Rush,

  • Lemoore, California located in Kings County located roughly 30 miles to the South of Fresno, California.

  • Lemoore is off of Route 41 and close to Route 198.

  • The downtown offers restaurants and shopping opportunities.

  • A Naval Air Station and food companies such as Olan Internationals and Lepro Food, Tachi Palace are major employers in the area.

Listing Contacts

CENTURY 21 Select Real Estate, Inc.
Listed by CENTURY 21 Select Real Estate, Inc.

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$129,132.00
$10,761.00/mo

Valuation Metrics

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DSCR
6%
Cap Rate
6%
ROI

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