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Dollar General Plus 450 Gardner Field rd

10,640 SF Retail Building Taft, CA 93268 £1,988,800 (£187/SF) 6.65% Net Initial Yield

Investment Highlights

  • 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
  • Largest Retailer in the U.S. with 19,700+ Stores
  • 10% Increases Starting in Each Option Period
  • Investment Grade Credit Tenant (BBB Rating by S&P)
  • Brand New Construction, ‘Plus’ Store with Upgraded Design
  • Located in the Heart of Kern County with 916,000 Residents

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2023
Price
£1,988,800
Price Per SF
£187
Net Initial Yield
6.65%
NOI
£132,254
Tenancy
Single
Number of Floors
1
Building FAR
0.22
Lot Size
1.09 AC
Zoning
Commercial
Parking
43 Spaces (4.04 Spaces per 1,000 SF Leased)

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
032-220-16-00-4
Land Assessment
£142,000
Improvements Assessment
£1,850,380
Total Assessment
£1,992,380
  • Listing ID: 31821791

  • Date on Market: 16/05/2024

  • Last Updated:

  • Address: 450 Gardner Field rd, Taft, CA 93268

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