Listed by Marcus & Millichap - San Diego
$1,494,000
DOLLAR GENERAL | LONG TERM ABSOLUTE NNN
Details
APN R42838
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 7,520
Cap Rate 8%
NOI $119,520
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Expiration 11/29/2032
Remaining Term 6.4
Rent Bumps Yes
Class A
Year Built 2017
Stories 1
Acreage 0.810
Investment Type Net Lease
Ground Lease No
Retail | 8.00% CAP | 7,520 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310650/dollar-general
Investment highlights
- Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Built Retail Asset with Modern Construction Year.
- Located directly along Pacific Avenue (OR-99), the Primary Commercial Corridor through Glendale, providing Strong Daily Visibility to Commuter Traffic connecting Roseburg, Grants Pass & Interstate 5.
- Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s and Annual Revenue Exceeding $40.61 Billion.
- Conveniently Located approximately 2.7 Miles from Interstate 5, supporting Strong Access for Regional Trips, Deliveries, and Pass-Through Traffic.
- Proximity to Regional Gaming and Resort - Within the Same Broader Douglas County Regional Draw as Seven Feathers Casino Resort in Canyonville, a Well Known Southern Oregon Destination and Employer Base.
- The Property benefits from proximity to Popular Outdoor Destinations including Cow Creek Recreation Area, Rogue River Fishing Areas, and Numerous Hiking and Camping Sites across Douglas County.
- Pacific Avenue serves as Glendale’s Primary Commercial Roadway and Historic Highway Route, carrying Consistent Daily Traffic from Commuters, Tourists, and Commercial Vehicles traveling parallel to Interstate 5.
- Glendale sits almost Equidistant between Roseburg and Grants Pass, two of Southern Oregon’s Largest Economic Centers, positioning the Property along a Key Commuter and Logistics Corridor. Residents benefit from proximity to Major Healthcare Providers including CHI Mercy Health in Roseburg and Asante Rogue Regional Medical Center in Medford, drawing Consistent Regional Travel through the Corridor.
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$119,520.00
$9,960.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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