1602 10th St - Freestanding FOR SALE


Reedley, CA 93654
$1,375,000 USD
415-472-1660
1602 10th St, Reedley, CA for Sale
$1,375,000 USD
Freestanding - FOR SALE
1/4
null | 8% Cap Rate

1602 10th St
Reedley, CA 93654


OVERVIEW

The Subject property is ideally positioned at the hard corner intersection of 10th Street and F Street, creating excellent street frontage and visibility, as well as, allowing for ease of access and convenience for the consumer. Dollar General is located within close proximity to strong nearby national / credit tenants, including: CVS Pharmacy, Bank of America, Citibank, WellsFargo, and Chase bank. Strong demographics in the immediate trade area include: 50,200 plus consumers/daytime employees, and average household income of nearly $62,200, and a projected 2025 population growth of 3% within a 5-mile radius of the subject property. Dollar General is responsible for all Taxes, Insurance and CAM. Lessor is responsbile for Roof, Structure and Parking lot replacement.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR GENERAL NET LEASED INVESTMENT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,748 SF

ZONING

CC

APN/PARCEL ID

368-171-01

ASK ABOUT THIS PROPERTY

Gary GustafsonSVN | MG Property Advisors, Inc.More Info
415-472-1660

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Gary GustafsonSVN | MG Property Advisors, Inc.More Info
415-472-1660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.