Monday, January 5, 2015

Brand New Dollar General - Lake Isabella, CA - 15 Yr Absolute NNN Lease - Just Opened


Investment Highlights

Price: $2,165,000 - Cap Rate: 6.25%

  • Strong tenant - Dollar General (NYSE: DG) (2013 Revenue: $17.50 Billion)
  • Brand new corporate guaranteed (15-year) lease with 3 (5-year) options 
  • Absolute triple net (NNN) lease / fee simple ownership
  • Recent grand opening - brand new 2014 construction
  • Excellent street frontage and visibility
  • No retail competition in trade area




Additional tags: discount store, Net Leased Properties, variety store, 1031 Exchange, Dollar Tree, off market STNL, Family Dollar, NNN properties, Walmart

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