DOLLAR GENERAL | ROSAMOND, CALIFORNIA
INVESTMENT SUMMARY
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
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

