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Dollar General 36281 Lassen Ave

9,100 SF Retail Building Huron, CA 93234 £1,631,616 (£179/SF) 6.50% Net Initial Yield

Investment Highlights

  • Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
  • High-Credit Corporate Guarantee | Dollar General Has Over 17,000 Stores
  • Highly Trafficked Location | 88th Percentile of Visits Among Dollar General Locations Nationwide (placer.ai)
  • Strong Location Fundamentals | Located Less Than a 1/2 Mile From Huron Elementary School & Chesnut High School
  • Significant Lease Term Remaining | Over 10 Years Remaining in Base Term
  • Built-to-Suit Construction | The Property Features the Latest Prototype Design With High-quality Construction Standards

Executive Summary

SAB Capital is pleased to present Dollar General in Huron, CA, 40 miles Southwest of Fresno. This property boasts a triple-net (NNN) lease structure backed by a corporate guarantee from Dollar General (S&P: BBB), a retail giant with over 18,500 locations nationwide. Notably, this site ranks in the top 12% of all Dollar General locations across the country, reflecting its superior performance and appeal.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2019
Price
£1,631,616
Price Per SF
£179
Net Initial Yield
6.50%
NOI
£105,986
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Lot Size
1.18 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CMX
Parking
35 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
285 ft on Lassen Ave
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PROPERTY TAXES

Parcel Number 075-390-17S Improvements Assessment £1,257,787
Land Assessment £215,500 Total Assessment £1,473,287

PROPERTY TAXES

Parcel Number
075-390-17S
Land Assessment
£215,500
Improvements Assessment
£1,257,787
Total Assessment
£1,473,287
(646) 809-8840

Contacts

  • Listing ID: 34276029

  • Date on Market: 23/12/2024

  • Last Updated:

  • Address: 36281 Lassen Ave, Huron, CA 93234

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36281 Lassen Ave, Huron, CA for sale Building Photo- Image 1 of 7
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36281 Lassen Ave, Huron, CA for sale Building Photo- Image 2 of 7
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36281 Lassen Ave, Huron, CA for sale Building Photo- Image 3 of 7
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36281 Lassen Ave, Huron, CA for sale Building Photo- Image 4 of 7
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36281 Lassen Ave, Huron, CA for sale Building Photo- Image 6 of 7
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Dollar General | 36281 Lassen Ave
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Dollar General | 36281 Lassen Ave

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Mark Pomella

(646) 809-8840

(646) 809-8840

Dave Gollenberg

(646) 809-8847

(646) 809-8847

Andrew Donnelly

(646) 809-8856

(646) 809-8856

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