561 N State St - Retail FOR SALE


Hagerman, ID 83332
$2,629,000 USD
916-403-1812
561 N State St, Hagerman, ID for Sale
$2,629,000 USD
Retail - FOR SALE
1/6
null | 6.25% Cap Rate

561 N State St
Hagerman, ID 83332


HIGHLIGHTS

  • 15-year absolute NNN lease with Dollar General, providing a truly passive investment
  • Guaranteed by Dollar General Corporation (NYSE: “DG”), a Fortune 500 company
  • 5% rental escalations every five years, ensuring consistent income growth
  • No landlord responsibilities—tenant handles all taxes, insurance, and maintenance
  • Dollar General operates over 19,000 locations nationwide, demonstrating a stable and expanding footprint
  • Annual revenue exceeds $37.8 billion, solidifying its position as a retail leader

OVERVIEW

561 State St N, Hagerman, ID, situated on a 0.93-acre parcel in a prime retail corridor. 10,680 square feet, accommodating a full range of Dollar General’s merchandise. 15-year absolute NNN lease commencing on February 14, 2025, with expiration on February 28, 2040. 5% escalations every five years, enhancing investment returns over the lease duration. Tenant is responsible for all taxes, insurance, and maintenance, including roof and structure, ensuring a hassle-free investment. Lease guaranteed by Dollar General Corporation, providing additional financial security.

FOR SALE DETAILS

PRICE

$2,629,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,544 SF

ZONING

-

APN/PARCEL ID

H3000003T1AA

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.