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31434435
31434436

1275 Main St, Brawley, CA 92227 For Sale

BR
CA CA 01170320, NV S.0198735
Marcus & Millichap - San Diego
RH
CA CA 02230580
Marcus & Millichap - San Diego
PW
CA 02107118
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$2,400,000
80 days on market
Updated 69 days ago

Top Performing CA Dollar General | 11.25+ Yr ABS NNN Lease

Details
APN 047-373-023-000, 047-373-107-000
Property Type Retail
Sub Type Grocery Store
Square Footage 10,640
Net Rentable (SqFt) 10,650
Units 1
Cap Rate 6.16%
NOI $147,768
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 06/30/2037
Remaining Term 11
Rent Bumps Yes
Lease Options Three, Five (5) Year Options
Price per SqFt $226
Broker Co-Op Yes
Year Built 2022
Buildings 1
Stories 1
Acreage 1.490
Zoning Commercial Acreage
Parking Spaces 39 spaces
Parking per 1,000 SqFt 3.67
Investment Type Net Lease
Tenant Credit Corporate Guarantee, Credit Rated
Lease Commencement 06/06/2022
Occupancy Date 06/06/2022
Ground Lease No
Ownership Fee Simple

$1B+ Agriculture Hub | 79th Percentile Nationwide | 5.2% Gross Occupancy Cost | YoY Sales Growth

Marketing description

Marcus & Millichap has been engaged to exclusively market for sale a single-tenant Dollar General located at 1275 Main Street in Brawley, California. Constructed in 2022 as a build-to-suit for Dollar General, the property consists of an approximately 10,640 square foot freestanding building situated on approximately 1.49 acres and is leased on an absolute triple-net basis with zero landlord responsibilities.

The property is strategically located along Highway 78 (Main Street), the primary east-west corridor through Brawley and a major retail artery serving the broader Imperial Valley. The site offers excellent visibility and convenient access, surrounded by national retailers including Walmart, Grocery Outlet, Vons, AutoZone, Rite Aid, Napa Auto Parts, Circle K, and Best Western.

Brawley sits in the heart of Imperial Valley, one of the most productive agricultural regions in the United States and supplier of approximately two-thirds of the nation’s winter vegetables. The region benefits from a stable employment base driven by agriculture, healthcare, government, and logistics, supporting long-term consumer demand. Within a ten-mile radius, the trade area includes more than 41,000 residents and average household incomes exceeding $75,000.

The property is backed by a corporate guarantee from Dollar General and features approximately 11 years of remaining lease term with three five-year renewal options and 10% rent increases at the start of each option period. The store is a strong performer, generating approximately $2.8 million in annual sales with a low 5.28% rent-to-sales ratio and Placer.ai foot traffic ranking in the 79th percentile nationally.

With newer construction, long-term passive income, strong store-level performance, and a credit-backed tenant, the property represents a compelling opportunity to acquire a stabilized net lease investment in a high-performing rural California market.

Investment highlights

• TOP PERFORMING LOCATION - Low 5.28% Occupancy Cost Ratio, Consistent Sales Growth

• ABSOLUTE NNN LEASE - 11.25 Year firm term, 3 five-year Options

• CREDIT RATED BBB S&P - Dollar General Corporate Lease Guarantee

• NEW CONSTRUCTION - No Landlord Expenses

• GROWTH & INCOME - 100K+ Residents Earning $82K+ | $1B+ SoCal Agricultural Hub

Listing Contacts

BR
CA CA 01170320, NV S.0198735
Marcus & Millichap - San Diego
RH
CA CA 02230580
Marcus & Millichap - San Diego
PW
CA 02107118
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$147,768.00
$12,314.00/mo

Valuation Metrics

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DSCR
6.16%
Cap Rate
6.16%
ROI

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Additional Information

Name
Bill Rose
License
CA 01170320
Brokerage
Marcus & Millichap
Brokerage Phone
760-402-3484
Title
Broker
Name
Reed Hamilton
License
CA 02230580
Brokerage
Marcus & Millichap
Name
Parker Wada
License
02107118
Brokerage
Marcus & Millichap
Title
Assocaite
Brokerage Address
12544 High Bluff Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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