3502 Spangler LnCopperopolis, CA 95228

This exceptional investment opportunity presents a single-tenant, net-leased Family Dollar store located at 3502 Spangler Ln, Copperopolis, CA 95228. The property boasts 8,320 square feet on a 76,666 square foot lot and was constructed in 2015. Currently operating at 100% occupancy, the property generates a strong net operating income (NOI) of $145,000, resulting in an attractive 8.53% cap rate. The lease, a triple-net (NNN) agreement with a corporate guarantee from Family Dollar, features a remaining term of approximately 0.4 years, followed by four 5-year renewal options with 10% rent increases each. The tenant is responsible for most maintenance, utilities, taxes, and insurance reimbursements. This strategically located store serves Copperopolis and the surrounding communities, benefiting from its position as the closest dollar store for a significant radius. The asking price is $1,700,000, translating to a price per square foot of $204.33. The property's strong tenant, favorable lease terms, and high cap rate make it an ideal addition to any diversified investment portfolio. The property's APN is 061-040-016-000. The lease commenced on March 12, 2015, and is set to expire on March 31, 2025. This offering is suitable for a 1031 exchange.