56700 Cahuilla RdAnza, CA 92539
- Retail properties
- 9,100 SF
Property Details for 56700 Cahuilla Rd
- Year built
- 2022
- Lot size
- 1.31 AC
- Property size (Sq ft)
- 9,100 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a 9,100-square-foot Dollar General store situated on a 1.31-acre lot in Anza, California. Built in 2022, the single-story building boasts a 100% occupancy rate under a Net Lease (NNN) agreement with a corporate guarantee. The property features a strong 5.15% cap rate and a substantial net operating income (NOI) of $178,740. The lease includes five (5) year options with a 10% rent increase in each option period. The property is zoned C and is located at 56700 Cahuilla Rd, Anza, CA 92539. The asking price is $3,470,679, translating to a price per square foot of $381.39. This investment offers significant potential for long-term growth and stability, backed by a nationally recognized tenant. The property's performance ranks in the 87th percentile among all Dollar General stores nationwide, indicating exceptional market positioning. This is a rare opportunity to acquire a high-performing, low-maintenance retail asset in a desirable location. The property is a single-tenant building with a convenience store subtype.
Location Insight
- City
- Anza
- County
- Riverside
- State
- California
- Latitude
- 33.5562
- Longitude
- -116.671
Comparable in this City
Similar Nearby for Sale
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