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27053267
27053268

400 Harris Ave, Sacramento, CA 95838

AA
CA 02249337
Value Net Lease Partners
SB
CA 02029898
Value Net Lease Partners
NN
02025512
Value Net Lease Partners
Listed by Value Net Lease Partners
$2,850,000
259 days on market
Updated 92 days ago

Dollar General | Top 9% Store Nationwide

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 9,100
Net Rentable (SqFt) 9,100
Units 1
Cap Rate 6.29%
NOI $179,216
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 09/01/2028
Remaining Term 2.2
Rent Bumps Yes
Lease Options Three 5-Years Options
Price per SqFt $313
Year Built 2013
Buildings 1
Stories 1
Acreage 1.560
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/01/2013
Occupancy Date 09/01/2013
Sale Condition For sale by owner

Sacramento MSA | Corporate Guarante

Marketing description

DOLLAR GENERAL

Dollar General is a leading American discount retailer headquartered in Goodlettsville, Tennessee. Founded in 1939 as J.L. Turner and Son, the company rebranded to Dollar General in 1955. As of May 2025, it operates 20,399 stores across 48 U.S. states, with Texas hosting the highest number at 1,885 locations. In fiscal year 2024, Dollar General reported revenues of $40.61 billion, marking a 4.96% increase from the previous year.

In 2025, the company plans to open approximately 725 new stores while closing 141 underperforming ones, aiming for a net addition of 600 locations. This expansion includes remodeling efforts to enhance customer experience and operational efficiency. As of February 28, 2025, Dollar General employs around 194,200 individuals across its operations. With a focus on providing value and convenience, Dollar General continues to adapt to changing consumer needs and economic conditions, solidifying its position in the discount retail sector.



LOCAL MARKET

SACRAMENTO, CA

Sacramento, California, is the state capital and a dynamic city located at the confluence of the Sacramento and American Rivers. With a population of over 530,000, it serves as a political, cultural, and economic hub for Northern California. Known for its rich Gold Rush history, tree-lined streets, and diverse communities, Sacramento blends historic charm with urban energy. The city offers an extensive network of parks, bike trails, and riverfront activities, along with a thriving food scene and vibrant arts culture. Governed by a Mayor-Council system, Sacramento is well-connected via I-5, I-80, Highway 99, and a regional light rail system, making it a key transportation and logistics center in the state.

STRONG DEMOGRAPHICS AND ECONOMIC EXPANSION

Sacramento has experienced steady growth in population and economic output over the last two decades. As of 2025, the city’s population exceeds 530,000—up more than 20% since 2000—driven by strong in-migration and urban development. The median household income reached $82,000 in 2023, reflecting wage growth across healthcare, education, tech, and government sectors. Unemployment remains low at 4.1%, and future job growth is projected at 35.4% over the next 10 years, outpacing the national average. Key industries include government services, healthcare, construction, clean energy, and logistics, supported by initiatives from the city’s Office of Innovation and Economic Development to attract employers and stimulate investment.

GATEWAY TO NORTHERN CALIFORNIA

Sacramento’s strategic location offers direct access to major regional markets, just 90 minutes from the Bay Area and less than two hours to Lake Tahoe. This geographic advantage makes the city a hub for professionals, families, and businesses seeking affordability without sacrificing opportunity. Its proximity to UC Davis, California State University Sacramento, and a network of community colleges provides a steady talent pipeline. Infrastructure investments, such as the expansion of the Sacramento International Airport and revitalization of downtown districts, are further enhancing the city’s appeal. Sacramento’s blend of lifestyle, affordability, and accessibility continues to attract residents and businesses seeking growth within reach of California’s major economic corridors.

Investment highlights

PRIME LOCATION IN WEST DEL PASO HEIGHTS

• Strategically positioned along a major thoroughfare, ensuring consistent foot and vehicle traffic throughout the day.

• Surrounded by a dense residential area, making this location the preferred discount store for local shoppers.

• Located in a highly engaged neighborhood where residents actively maintain properties and support local events.

ESTABLISHED NATIONAL TENANT: DOLLAR GENERAL

• Occupied by Dollar General, a recession-resistant retailer with a strong national footprint and valuebased model.

• Supported by a long-term lease with a creditworthy tenant, providing reliable and consistent rental income.

• Backed by a growth-focused brand expanding into both urban and rural markets across the country.

HIGH-PERFORMING ASSET WITH INVESTMENT UPSIDE

• Ranked in the top 10% of all Dollar Generals nationwide, with over $2 million in annual gross sales.

• Experienced a 48.6% visitor increase over 3 years, and an 18% gain in the most recent 12-month period.

• Located in a growing Sacramento submarket with strong appreciation potential and economic momentum.

Listing Contacts

AA
CA 02249337
Value Net Lease Partners
SB
CA 02029898
Value Net Lease Partners
NN
02025512
Value Net Lease Partners
Listed by Value Net Lease Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$179,216.00
$14,934.67/mo

Valuation Metrics

0
DSCR
6.29%
Cap Rate
6.29%
ROI

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Additional Information

Name
Alec Aoki
License
02249337
Brokerage
Value Net Lease Partners
Brokerage Phone
9493355766
Title
Real Estate Broker
Brokerage Address
9371 Irvine Boulevard
Name
Shawn Behrouz
License
02029898
Brokerage
Value Net Lease Partners
Brokerage Phone
949.332.2503
Title
Broker
Brokerage Address
2081 Business Center Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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