For Sale
$2,754,960

1330 Park BlvdOrange Cove, CA 93646

High-Yield NNN Lease in CA

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a freestanding Dollar General store located at 1330 Park Blvd, Orange Cove, CA 93646. The property boasts a substantial 9,993 square foot building situated on a 1.27-acre lot. Currently operating under a triple-net (NNN) lease with Dolgen California, LLC, and guaranteed by Dollar General, this single-tenant property offers significant financial stability. The lease features a primary term of 9 years remaining, generating an annual net income of $137,748. Further enhancing the investment potential are option years extending the lease through 2030, with escalating rental rates: $151,524 annually from years 16-20, $166,680 annually from years 21-25, and $183,348 annually from years 26-30. The property's strong occupancy rate of 100% and a 5.00% cap rate contribute to its attractive investment profile. This is a prime opportunity for investors seeking a secure, high-yield retail investment in a stable market. The asking price for this exceptional property is $2,754,960. This freestanding building presents a compelling opportunity for long-term passive income generation. The property is located in Fresno County, California.

Highlights

  • 1330 Park Blvd, Orange Cove, CA 93646
  • 1.27-acre lot, 9,993 SF freestanding building
  • 9,993 SF freestanding Dollar General store
  • Triple-net (NNN) lease to Dolgen California, LLC, guaranteed by Dollar General
  • $137,748 annual net income
  • 9 years remaining on primary lease term

Property Details for 1330 Park Blvd

Property type
Retail properties, Retail space
Square Feet
9,993 SF
Lot Size (sq. ft)
55,321 SF

Location Insight

City
Orange Cove
County
Fresno
State
California
Latitude
36.6251976
Longitude
-119.3237136
1330 Park Blvd, Orange Cove, California

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1330 Park Blvd
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