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Dollar General 415 E Douglas Ave NE 9,100 SF Retail Building Gervais, OR 97026 $2,058,685 ($226.23/SF) 7% Cap Rate
Investment Highlights
- Stabilized Intersection on Hwy 99
- Build to Suit for Dollar General on 2.91 AC Site
- Stable passive income backed by national credit tenant and corporate guaranty
- Limited local competition
- 3, 5-year options with 10% rent increases in each option
Executive Summary
Sale Price: $2,058,685
CAP Rate: 7.00%
NOI: $144,108
Size: 9,100 SF | 2.91 AC Lot
Parking: 30 Stalls
Built: 2017
Tenant: Dollar General
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
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 | 99,999 SF | - | Lorem Ipsum | - |
Property Taxes
| Parcel Number | 339788 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $952,070 |
Property Taxes
Contacts
-
Nicholas Diamond -
Riley Henderson -
Michael Horter -
Capacity Commercial Group LLC
Presented by
Dollar General | 415 E Douglas Ave NE
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