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Investment Highlights
- Approximately 5.25 Years Remaining in the Initial 15 Year Lease Term
- 2016 Build to Suit Construction | 9,209 SF Building on 1.80 Acre Parcel
- Rosamond Is Located Approximately: 23 Miles to Palmdale, CA; 75 Miles to Los Angeles, CA; and 100 Miles to Anaheim, CA
- Absolute NNN Lease with ZERO Management Responsibilities
- Upgraded Construction | Masonry Block Entry Element and Pre-Finished Stucco Panels (Side & Back of Building)
- 5-Mile Demographics: 22,374 Residents | $99,879 Average Household Income
Executive Summary
Schuchert Retail Group is pleased to exclusively offer for sale the 9,209 SF Dollar General located at 3546 Rosamond Blvd, Rosamond, CA 93560.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
9,209 SF
Building Class
B
Year Built
2016
Price
$2,103,257
Price Per SF
$228.39
Cap Rate
7%
NOI
$147,228
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.80 AC
Zoning
C2 PD FPS
Parking
37 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $16.18
- Triple Net
- Jun 2031
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | $16.18 | Triple Net | Jun 2031 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 472-100-07-00-1 | Improvements Assessment | $2,429,104 |
| Land Assessment | $394,595 | Total Assessment | $2,823,699 |
Property Taxes
Parcel Number
472-100-07-00-1
Land Assessment
$394,595
Improvements Assessment
$2,429,104
Total Assessment
$2,823,699
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