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Dollar General

55556 29 Palms Hwy, Yucca Valley, CA 92284

Listing Price: $2,172,400

Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
3.9
Gross SF
12,382
Guarantor
Corporate Guarantee
Rentable SF
12,382
Price/Gross SF
$175.45
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.72

Investment Overview

Marcus & Millichap is pleased to present for sale Dollar General in Yucca Valley, California Dollar General Corporation (NYSE: DG) has been delivering value to shoppers for over 84 years. Dollar General operates more than 19,000 stores in 47 U.S. states and employs more than 170,000 associates.

Yucca Valley is a charming town located in San Bernardino County, California. Situated in the high desert region of Southern California, Yucca Valley is known for its unique desert landscapes, outdoor recreational opportunities, and a laidback, artistic community. With a population of approximately 22,000 residents as of the 2010 census, the town offers a tranquil and desert-inspired lifestyle.

Investment Highlights

  • Four Years Remaining on Corporate Absolute Triple-Net Lease with Dollar General
  • Multiple Renewal Options with 10 Percent Rental Increases
  • High Visibility Location Directly Off 29 Palms Highway (Approximately 30,000 Cars per Day)
  • Immediate Proximity to Joshua Tree National Park with 9 Established Campgrounds, Hiking Trails and Climbing Spots, and Great Diversity of Wildlife, Vegetation, and Geology
  • Down the Road from Strong Retail Corridor, with National Retailers: IHOP, Carl's Jr., Tractor Supply Co, Vons, Ross, McDonald's, Starbucks, Applebee's, Popeyes, and Many More
  • Located Between Hawks Landing Golf Course and Yucca Valley Elementary School
  • Down the Street from Yucca Valley High School and Hi-Desert Nature Museum

Exclusively Listed By

Financing By

Listing Price: $2,172,400

Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
3.9
Gross SF
12,382
Guarantor
Corporate Guarantee
Rentable SF
12,382
Price/Gross SF
$175.45
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.72

Investment Highlights

  • Four Years Remaining on Corporate Absolute Triple-Net Lease with Dollar General
  • Multiple Renewal Options with 10 Percent Rental Increases
  • High Visibility Location Directly Off 29 Palms Highway (Approximately 30,000 Cars per Day)
  • Immediate Proximity to Joshua Tree National Park with 9 Established Campgrounds, Hiking Trails and Climbing Spots, and Great Diversity of Wildlife, Vegetation, and Geology
  • Down the Road from Strong Retail Corridor, with National Retailers: IHOP, Carl's Jr., Tractor Supply Co, Vons, Ross, McDonald's, Starbucks, Applebee's, Popeyes, and Many More
  • Located Between Hawks Landing Golf Course and Yucca Valley Elementary School
  • Down the Street from Yucca Valley High School and Hi-Desert Nature Museum

Investment Overview

Marcus & Millichap is pleased to present for sale Dollar General in Yucca Valley, California Dollar General Corporation (NYSE: DG) has been delivering value to shoppers for over 84 years. Dollar General operates more than 19,000 stores in 47 U.S. states and employs more than 170,000 associates. Yucca Valley is a charming town located in San Bernardino County, California. Situated in the high desert region of Southern California, Yucca Valley is known for its unique desert landscapes, outdoor recreational opportunities, and a laidback, artistic community. With a population of approximately 22,000 residents as of the 2010 census, the town offers a tranquil and desert-inspired lifestyle.

Exclusively Listed By

Financing By

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