1602 10Th St Reedley, CA 93654

This exceptional single-tenant net lease investment opportunity features a 10,769 square foot Dollar General store located at 1602 10th Street, Reedley, CA 93654. The property boasts a strong 7.75% cap rate and a substantial net operating income (NOI) of $110,000. The building, constructed in 2014 and renovated in 2020, is fully occupied under a 15-year lease with a remaining term of approximately 4.1 years and 3x5 year lease options. The lease commenced January 3, 2014, and expires January 2, 2029. The property features 20 parking spaces and is situated on a 1-story building. The asking price is $1,419,355, translating to a price per square foot of $131.80. The property is classified as Class C retail and is situated in Fresno County. The property's location within a thriving commercial area ensures consistent foot traffic and strong tenant performance. This investment presents a compelling opportunity for a secure and profitable return, further enhanced by the motivated seller. The property's solid financials, long-term lease, and recent renovations make it an attractive addition to any portfolio. The property's APN is 368-171-01. This is a single-tenant, single-building property with 100% occupancy. The property is not a ground lease.