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305 Gardner Field Rd 9,360 SF Retail Building Taft, CA 93268 $1,860,000 ($198.72/SF) 5% Cap Rate

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EXECUTIVE SUMMARY

CIRE Partners is pleased to present a single-tenant net leased investment offering consisting of the fee-simple interest in a Dollar Tree (the "Property" or "Asset") located in Taft, CA. The Property is a 9,360 SF on 0.27 AC operating with a corporate guaranty. The site benefits from strong real estate fundamentals, secure tenant synergy, direct visibility from highly trafficked thoroughfares, and sits directly on shopping center’s busiest ingress/egress access point
This is a rare opportunity for qualified investors to acquire recession-proof tenant with proven commitment through the entire center's relaunch.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,360 SF
Building Class
B
Year Built
2008
Price
$1,860,000
Price Per SF
$198.72
Cap Rate
5%
NOI
$93,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.80
Lot Size
0.27 AC
Zoning
GC - General Commercial

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • -
  • 9,360 SF
  • -
  • -

Dollar Tree is a U.S.-based discount variety retailer headquartered in Chesapeake, Virginia. The company traces its origins to 1953, with its modern Dollar Tree format established in 1986 under the name Only $1.00. It adopted the Dollar Tree name in 1991 and has since expanded across the United States and Canada. Dollar Tree operates retail stores that sell a broad assortment of consumable goods, household products, seasonal merchandise, party supplies, and basic grocery items at fixed or limited price points. The company became publicly traded in 1995 and is listed on the NASDAQ under the ticker symbol DLTR. Over time, Dollar Tree has pursued growth through store expansion and strategic acquisitions, establishing itself as a major value-oriented retailer within the consumer defensive sector. The company reports financial results through public filings and maintains centralized oversight of real estate strategy, store development, and lease administration through its corporate offices.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
- 9,360 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
220-290-11-00-1
Land Assessment
$45,967
Improvements Assessment
$1,563,081
Total Assessment
$1,609,048
  • Listing ID: 34930438

  • Date on Market: 12/7/2024

  • Last Updated:

  • Address: 305 Gardner Field Rd, Taft, CA 93268

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