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1905 E Main St
Quincy, CA 95971

DG | 7.25% Cap | California | 11 Yrs · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,559 SF
Building Class
B
Year Built/Renovated
1982/2013
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Lot Size
1.02 AC
Zoning
C2
Parking
44 Spaces (5.14 Spaces per 1,000 SF Leased)

About 1905 E Main St , Quincy, CA 95971

SRS National Net Lease Group is pleased to present the opportunity to acquire the fee simple interest (land and building) in a Dollar General located in Quincy, CA. The lease has approximately 11 years remaining in the initial term with three (3) – five (5) year options at 10% rental increases. The NN+ lease has minimal landlord responsibilities. The lease is guaranteed by Dollar General Corp (NYSE: DG) with an investment grade credit rating of BBB from Standard & Poor’s. The subject property is strategically located along Main Street (14,938 VPD) at the signalized-hard corner intersection of Main Street & Mill Creek Road. Main Street is the only road of town both on the east and west side. As a result, Main Street is the most heavily traveled road in Quincy. The 5-mile trade area is supported by a population of more than 5,000 with an average household income of $61,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
116-122-047-000
Land Assessment
£242,117
Improvements Assessment
£1,454,302
Total Assessment
£1,696,419
  • Listing ID: 9886037

  • Date on Market: 06/11/2017

  • Last Updated:

  • Address: 1905 E Main St, Quincy, CA 95971

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