32510 State Highway 18 | Lucerne Valley, CA 92356
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32510 State Highway 18
Lucerne Valley, CA 92356
Dollar General - Lucerne Valley, CA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 9.25 years remaining on the current term with Four, 5-Year Options
- Upgraded façade wrap around 2015 built to suit construction situated on a 1.27 Acre parcel
- Triple-Net Lease (NNN)
- 5.40% cap rate on a stabilized investment (Recent Price Reduction)
- Corporate guaranteed lease by Dollar General (S&P BBB)
- Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies throughout the COVID pandemic
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,002 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.75 AC
Zoning
LV/CR - commercial
Parking
20 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
65’ on State Highway 18
PROPERTY TAXES
| Parcel Number | 0450-292-37 | Improvements Assessment | $3,077,503 |
| Land Assessment | $573,052 | Total Assessment | $3,650,555 |
PROPERTY TAXES
Parcel Number
0450-292-37
Land Assessment
$573,052
Improvements Assessment
$3,077,503
Total Assessment
$3,650,555
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