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DOLLAR GENERAL | ROSAMOND, CALIFORNIA

Purchase Price
$2,181,156
Location
3546 Rosamond Blvd
Cap Rate
6.75%
Annual Rent
$147,228.00
Building Size
9,209 SF
Land Area
1.80 Acres
Ownership
Fee Simple
Lease Type
Absolute NNN
Term Remainning
5.25 Years
LEASE EXPIRATION
6/30/2031
Renewal Options
Three (3) - Five (5) Year
RENT INCREASES
10% at Options
Parking
37 Spaces
Year Built
2016
APN
472-100-07-00-1
Traffic Counts
24,000 VPD

INVESTMENT HIGHLIGHTS

 

DOLLAR GENERAL CORPORATE GUARANTEED LEASE:

  • Approximately 5.25 Years Remaining in the Initial 15 Year Lease Term
  • 2016 Construction - Build-to-Suit Dollar General
  • 9,209 SF Building | 1.80 Acre Parcel
  • Three (3) - Five (5) Year Option Periods at 10% Rent Increases
 

ABSOLUTE NNN LEASE:

  • Absolute NNN Lease with ZERO Management Responsibilities
  • Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
 

UPGRADED CONSTRUCTION:

  • Additional Masonry Block Entry Element on Front Elevation of Building
  • Pre-Finished Stucco Panels Installed on Side/Back of the Building
 

PROXIMITY FROM ROSAMOND:

  • Lancaster, CA | 14 Miles
  • Palmdale, CA | 23 Miles
  • Santa Clarita, CA | 51 Miles
  • Bakersfield, CA | 70 Miles
  • Los Angeles, CA | 75 Miles
  • San Bernardino, CA | 91 Miles
  • Anaheim, CA | 100 Miles
  • Riverside, CA | 100 Miles
  • Palm Springs, CA | 146 Miles
 

TRADE AREA DEMOGRAPHICS:

  • 1-Mile: 8,047 Residents | $125,407 Average Household Income
  • 3-Mile: 20,816 Residents | $101,033 Average Household Income
  • 5-Mile: 22,374 Residents | $99,789 Average Household Income
  • 10-Mile: 27,587 Residents | $100,871 Average Household Income
  • 15-Mile: 204,234 Residents | $102,297 Average Household Income

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