DOLLAR GENERAL | ETNA, CALIFORNIA



INVESTMENT SUMMARY

Purchase Price
$1,556,440

Location
15 Telco Way

Cap Rate
7.25%

Annual Rent
$112,836.00

Building Size
9,100 SF

Land Area
1.43 Acres

Ownership
Fee Simple

Lease Type
NNN

Term Remainning
6 Years

LEASE EXPIRATION
01/31/2031

Renewal Options

RENT INCREASES
10% at Options

Parking
31 Spaces

Year Built
2016

APN
056-274-160-000

Traffic Counts
2,483 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERAL CORPORATE LEASE:
- Approximately 6 Years Remaining in the Initial 15 Year Lease Term (Lease Exp: 01/31/2031)
- 2016 Build-to-Suit Construction
- 9,100 SF - 1.43 Acre Parcel
- Three (3) - Five (5) Year Option Periods with 10% Rental Increases
ABSOLUTE NNN LEASE:
- Absolute NNN Lease with ZERO Management Responsibilities
- Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
UPGRADED CONSTRUCTION:
- CMU Block Facade
- Wide Frontage
SCOTT VALLEY:
- The Towns of Fort Jones, Etna, Greenview and Callahan Are Found Within Scott Valley
- A Large, Scenic Rural Area of Western Siskiyou County
- Known for its Vistas of the Marble Mountains, Cattle and Dairy Ranches, and its Historic Background as a Gold Mining Area, Dating Back to the Days of the California Gold Rush
PROXIMITY FROM ETNA:
- Yreka, CA | 29 Miles
- Mt. Shasta, CA | 60 Miles
- Medford, OR | 80 Miles
- Redding, CA | 124 Miles
- Red Bluff, CA | 151 Miles
- Chico, CA | 192 Miles
- Reno, NV | 279 Miles
- Sacramento, CA | 280 Miles
TRADE AREA DEMOGRAPHICS:
- 1-Mile = 715 Residents | $69,720 Average Household Income
- 5-Mile = 1,698 Residents | $81,534 Average Household Income
- 10-Mile = 3,035 Residents | $84,468 Average Household Income
- 15-Mile = 4,828 Residents | $80,036 Average Household Income
TENANT:
- Dollar General Corporation (NYSE: "DG")
- Strong Investment Grade Credit Rating of "BBB" by Standard & Poor's
- Ranked #111 on the Fortune 500 List