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DOLLAR GENERAL 2326 Webb ave 9,026 SF Retail Building Lake Isabella, CA 93240 $2,100,000 ($232.66/SF) 6.43% Cap Rate



Investment Highlights
- ABSOLUTE NNN Investment with 8+ Years Left on Initial Lease!
- Large Lot of 1.82 Acres!
- Built in 2018!
Executive Summary
Built in 2018, ABSOLUTE NNN Lease with 8+ Years left on the Initial 15 Year Lease. Lease benefits from Three (3), Five (5) Year Options, each with 10% Increases.
This Dollar General is located in Lake Isabella (Kern County), California, known & popular as a destination for hiking, boating, water skiers, fisherman, and for outdoor recreationist. Motivated Seller!
This Dollar General is located in Lake Isabella (Kern County), California, known & popular as a destination for hiking, boating, water skiers, fisherman, and for outdoor recreationist. Motivated Seller!
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,026 SF
Building Class
C
Year Built
2018
Price
$2,100,000
Price Per SF
$232.66
Cap Rate
6.43%
NOI
$135,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.82 AC
Zoning
C-2 - Commercial
Parking
50 Spaces (5.54 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 263-060-09-00-2 | Improvements Assessment | $2,725,848 |
| Land Assessment | $247,615 | Total Assessment | $2,973,463 |
Property Taxes
Parcel Number
263-060-09-00-2
Land Assessment
$247,615
Improvements Assessment
$2,725,848
Total Assessment
$2,973,463
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DOLLAR GENERAL | 2326 Webb ave
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