520 2nd St - Convenience Store FOR SALE


Rupert, ID 83350
$2,891,000 USD
916-403-1812
520 2nd St, Rupert, ID for Sale
$2,891,000 USD
Convenience Store - FOR SALE
1/5
null | 6.25% Cap Rate

520 2nd St
Rupert, ID 83350


HIGHLIGHTS

  • New 15-year absolute NNN Lease to major national tenant with over 18,000 locations nation wide
  • Lease is guaranteed by Dollar General Corporation, over $37 billion in 2023 revenue – very strong corporate guarantee
  • Zero Landlord management obligation with tenant responsible for taxes, insurance, and all maintenance including roof and structure
  • Property provides ideal investment opportunity to passive and out of area investors

OVERVIEW

Dollar General is ideally positioned on Oneida Street, a key roadway in Rupert, offering excellent visibility and accessibility. This central location benefits from consistent traffic from local residents and visitors passing through town. Located in the heart of Rupert, this property is close to the town’s main amenities and residential areas, ensuring a steady stream of customers throughout the day. The Snake River, a popular destination for outdoor recreation, lies within a short drive, attracting additional foot traffic to the area and benefiting nearby businesses, including Dollar General. Rupert serves as a hub for tourists and travelers exploring southern Idaho, providing businesses in the area with opportunities to attract a diverse range of customers. Minico High School (1,211 students), a major local educational institution, is located just three miles away, bringing regular traffic from students, staff, and families to the surrounding area, further supporting local businesses.

FOR SALE DETAILS

PRICE

$2,891,000 USD

PRICE/SF

$232 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

-

APN/PARCEL ID

RPR1890075001A

ASK ABOUT THIS PROPERTY

McKenney HouckCushman & WakefieldMore Info
916-403-1812

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McKenney HouckCushman & WakefieldMore Info
916-403-1812

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