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Dollar General 1058 Old Woman Springs Rd 9,100 SF Retail Building Yucca Valley, CA 92284 $2,875,000 ($315.93/SF) 6% Cap Rate
Investment Highlights
- High-performing intersection with excellent visibility
- 1058 Old Woman Springs Rd, Yucca Valley, Ca 92284 is being offered at $2,875,000.00 with a net operating income of $172,500
- Absolute NNN lease with 4.1 years remaining and 10 % rent escalations upon option renewal, meaning no landlord responsibility and increasing returns
- The property is strategically located in the Riverside–San Bernardino MSA with direct frontage on Old Woman Springs Rd
- NATIONAL TENANTS: Long Term, National Tenant with Corporate Guarantee
Executive Summary
KW Commercial is pleased to present the opportunity to acquire the fee simple interest (land & building) in a single tenant, absolute NNN leased investment property located in Yucca Valley, CA. Great opportunity for an absentee investor to sit back and collect. Tenant maintains the property and pays all operating expenses directly. Property is strategically located on Old Woman Springs Rd with tremendous exposure and visibility on a signalized intersection.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
C
Year Built
2015
Price
$2,875,000
Price Per SF
$315.93
Cap Rate
6%
NOI
$172,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.92 AC
Opportunity Zone
Yes
Zoning
HV/SD-RES
Parking
20 Spaces (2.2 Spaces per 1,000 SF Leased)
Frontage
101’ on Old Woman Springs Rd
Property Taxes
| Parcel Number | 0629-051-62 | Improvements Assessment | $2,663,632 |
| Land Assessment | $576,236 | Total Assessment | $3,239,868 |
Property Taxes
Parcel Number
0629-051-62
Land Assessment
$576,236
Improvements Assessment
$2,663,632
Total Assessment
$3,239,868
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Dollar General | 1058 Old Woman Springs Rd
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