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Dollar General Market Center | El Centro, CA 522-550 N Imperial Ave 49,837 SF 100% Leased Retail Building El Centro, CA 92243 $4,300,000 ($86.28/SF) 8.01% Cap Rate
Investment Highlights
- Located at the signalized intersection of Imperial Avenue and Adams Avenue; High Traffic Destination with over 50,400 Cars Per Day
- Potential value-add opportunity to collect expense reimbursements
- Dollar General Recently extended lease for 5 years, showing strong tenant commitment; Full-service Dollar General Market format store
- Dense In-fill community with nearly 20,000 people within 1 mile; Priced below replacement cost at $86 per square foot
- Imperial Avenue is the primary retail corridor, national tenants including Costco, Lowe’s, Walmart, Target, Aldi, Ross, Vons, Smart & Final, PetSmart
- Dollar General is Co-Anchor to in community center with Smart & Final Extra
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
49,837 SF
Building Class
C
Year Built
1978
Price
$4,300,000
Price Per SF
$86.28
Cap Rate
8.01%
NOI
$344,415
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.34
Lot Size
3.33 AC
Zoning
CG - Comercial general
Parking
250 Spaces (5.02 Spaces per 1,000 SF Leased)
Frontage
656’ on N Imperial Ave
Amenities
- Pylon Sign
- Signalized Intersection
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 064-570-022-000 | Improvements Assessment | $3,068,694 |
| Land Assessment | $1,098,668 | Total Assessment | $4,167,362 |
Property Taxes
Parcel Number
064-570-022-000
Land Assessment
$1,098,668
Improvements Assessment
$3,068,694
Total Assessment
$4,167,362
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Dollar General Market Center | El Centro, CA | 522-550 N Imperial Ave
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