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Dollar General w/ Strong Demos | San Francisco Bay Area | Strong Performing Location

20 W 10th St, Antioch (Bay Area), CA 94509

Listing Price: $3,437,255

Cap Rate
5.50%
Tenant Name
Dollar General
Years Remaining On Lease
6.2
Gross SF
12,600
Guarantor
Corporate Guarantee
Rentable SF
12,600
Price/Gross SF
$272.80
Lease Type
Double Net
Rent Per Square Feet
$15.00

Investment Overview

Antioch is the second largest city in Contra Costa County, California, located in the East Bay region of the San Francisco Bay Area along the San Joaquin–Sacramento River Delta. Antioch’s primary surface transportation link is via the freeway State Route 4, both westward a half hour’s drive to Interstate 80 and the road network of the Bay Area, or alternatively eastward to connect with Interstate 5 at the Central Valley city of Stockton, California. State Route 160 leads north from Highway 4, crossing the San Joaquin River via the Antioch Bridge and through the Delta to Sacramento. The pace of development in Antioch has spurred activity for financial and insurance institutions, contractors, and other types of service-oriented businesses. Increased development has created increased employment in schools, hospitals and other local service sectors. And with a population of over 100,000 people, Antioch has become the heart of Eastern Contra Costa County, offering a variety of employment, shopping and vast recreational activities.

Investment Highlights

  • Corporate Backed Lease Featuring 10% Rental Increases at Each Option. Complete Interior / Exterior Renovation in 2014. Strong Performing Location Per Placer.ai: Ranked Top 26% in the Chain Nationally.
  • Positioned Along Area's Traffic & Retail Corridor. Signalized Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 28k Vehicles.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • The Pace of Development in Antioch has Spurred Activity for Financial and Insurance Institutions, Contractors, and other Types of Service-Oriented Businesses.
  • The Site is Located near Antioch's Industrial Hub - Near Numerous Light Industrial, Manufacturing Plants and Distribution Centers including Amazon, Pet Food Express, Oakley and more.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $100k and over 168k People Residing within a 5-Mile Radius.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • In Close Proximity to Century Plaza - A 538k+ Sq.Ft. Shopping Center featuring more than 50 Stores and is Anchored by a Target, Burlington, Ross Dress for Less, PetSmart and many more. Minutes from Somersville Towne Center - A 65+ Store Regional Shopping Mall, and the only Enclosed Regional Shopping Mall in East Costa County.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Financing By

Discount

Dollar General w/ Strong Demos | San Francisco Bay Area | Strong Performing Location

Listing Price: $3,437,255

Cap Rate
5.50%
Tenant Name
Dollar General
Years Remaining On Lease
6.2
Gross SF
12,600
Guarantor
Corporate Guarantee
Rentable SF
12,600
Price/Gross SF
$272.80
Lease Type
Double Net
Rent Per Square Feet
$15.00

Investment Highlights

  • Corporate Backed Lease Featuring 10% Rental Increases at Each Option. Complete Interior / Exterior Renovation in 2014. Strong Performing Location Per Placer.ai: Ranked Top 26% in the Chain Nationally.
  • Positioned Along Area's Traffic & Retail Corridor. Signalized Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 28k Vehicles.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • The Pace of Development in Antioch has Spurred Activity for Financial and Insurance Institutions, Contractors, and other Types of Service-Oriented Businesses.
  • The Site is Located near Antioch's Industrial Hub - Near Numerous Light Industrial, Manufacturing Plants and Distribution Centers including Amazon, Pet Food Express, Oakley and more.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $100k and over 168k People Residing within a 5-Mile Radius.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • In Close Proximity to Century Plaza - A 538k+ Sq.Ft. Shopping Center featuring more than 50 Stores and is Anchored by a Target, Burlington, Ross Dress for Less, PetSmart and many more. Minutes from Somersville Towne Center - A 65+ Store Regional Shopping Mall, and the only Enclosed Regional Shopping Mall in East Costa County.

Investment Overview

Antioch is the second largest city in Contra Costa County, California, located in the East Bay region of the San Francisco Bay Area along the San Joaquin–Sacramento River Delta. Antioch’s primary surface transportation link is via the freeway State Route 4, both westward a half hour’s drive to Interstate 80 and the road network of the Bay Area, or alternatively eastward to connect with Interstate 5 at the Central Valley city of Stockton, California. State Route 160 leads north from Highway 4, crossing the San Joaquin River via the Antioch Bridge and through the Delta to Sacramento. The pace of development in Antioch has spurred activity for financial and insurance institutions, contractors, and other types of service-oriented businesses. Increased development has created increased employment in schools, hospitals and other local service sectors. And with a population of over 100,000 people, Antioch has become the heart of Eastern Contra Costa County, offering a variety of employment, shopping and vast recreational activities.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Financing By

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