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3502 Spangler Ln
8,320 SF Retail Building Copperopolis, CA 95228 £1,341,300 (£161/SF) 8.53% Net Initial Yield
Executive Summary
months if the tenant exercises their option to renew. Four 5-year tenant options to extend the lease with 10% increases each option. NN lease with tenant responsible for most maintenance, utilities, taxes and insurance reimbursement. Strong corporate guarantee, with the 2014 acquisition of Family Dollar by Dollar Tree corporation. Over 16,000 stores, $30B + in 2023 Sales, 211K+ Associates. Located in the Sierra foothills, this store serves Copperopolis and surrounding areas, with the closest dollar store or similar more than a 20 minute drive away
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
- -
- £16.47
- Triple Net
- Mar 2025
Family Dollar is a place to shop when it comes to delivering quality and value on family essentials in a convenient location. Their stores are conveniently located in neighborhoods, and often in "food deserts" where other stores choose not to locate, providing a convenient, close-to-home option where customers can shop for essentials. By locating stores in places where others won’t, Family Dollar is improving the affordability and availability of essential goods. They are saving their customers time and money and helping them do more, even on a tight budget. Their Family Dollar stores focus on delivering top value for family essentials. They offer competitively-priced national brands from leading manufacturers alongside brand-name, equivalent-value, lower-priced private labels. Their aisles are stocked with food and beverages, paper products, health & beauty supplies, pet food, home products, apparel and accessories, etc.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | - | £16.47 | Triple Net | Mar 2025 |
PROPERTY TAXES
| Parcel Number | 061-040-016-000 | Improvements Assessment | £1,548,612 |
| Land Assessment | £516,202 | Total Assessment | £2,064,815 |
PROPERTY TAXES
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Bryan Danforth -
Compass Commercial
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3502 Spangler Ln
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