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Dollar General Plus | Long Term Absolute Net Lease | Low Rent to Sales | SoCAL

1275 Main St, Brawley, CA 92227

Listing Price: $2,750,000

Cap Rate
5.37%
Tenant Name
Dollar General
Years Remaining On Lease
11.2
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$258.46
Lease Type
Absolute Net
Rent Per Square Feet
$13.89

Investment Overview

The subject property is a newly constructed, ±10,640 square foot single-tenant retail building leased to Dollar General, located at 1275 Main Street in Brawley, California. Developed in 2022 as a build-to-suit for the tenant, the property is situated on approximately 1.49 acres and operates under an absolute triple-net lease structure, requiring zero landlord responsibilities. The lease is corporately guaranteed by Dollar General, providing a credit-backed income stream.

The lease commenced in June 2022 and runs through June 2037, providing approximately 11 years of remaining term, with three five-year extension options and 10% rental increases at the start of each option period. The property benefits from strong in-place store performance, with approximately $2.8 million in annual sales and a low 5.1% rent-to-sales ratio, indicating a highly profitable location. The site also ranks in the 79th percentile for foot traffic nationally (Placer.ai). Strategically located along Highway 78, the primary east-west corridor through Brawley, the asset serves a core retail trade area within California’s Imperial Valley.

Investment Highlights

  • Top-performing Dollar General location with ~$2.8M in sales and a low 5.1% rent-to-sales ratio, indicating strong store profitability and long-term viability
  • Long-term absolute NNN lease with ~11 years remaining, providing passive income with no landlord responsibilities and built-in renewal options
  • 2022 build-to-suit construction with modern prototype design, minimizing near-term capital expenditures and operational risk for investors

Exclusively Listed By

Discount

Dollar General Plus | Long Term Absolute Net Lease | Low Rent to Sales | SoCAL

Listing Price: $2,750,000

Cap Rate
5.37%
Tenant Name
Dollar General
Years Remaining On Lease
11.2
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$258.46
Lease Type
Absolute Net
Rent Per Square Feet
$13.89

Investment Highlights

  • Top-performing Dollar General location with ~$2.8M in sales and a low 5.1% rent-to-sales ratio, indicating strong store profitability and long-term viability
  • Long-term absolute NNN lease with ~11 years remaining, providing passive income with no landlord responsibilities and built-in renewal options
  • 2022 build-to-suit construction with modern prototype design, minimizing near-term capital expenditures and operational risk for investors

Investment Overview

The subject property is a newly constructed, ±10,640 square foot single-tenant retail building leased to Dollar General, located at 1275 Main Street in Brawley, California. Developed in 2022 as a build-to-suit for the tenant, the property is situated on approximately 1.49 acres and operates under an absolute triple-net lease structure, requiring zero landlord responsibilities. The lease is corporately guaranteed by Dollar General, providing a credit-backed income stream. The lease commenced in June 2022 and runs through June 2037, providing approximately 11 years of remaining term, with three five-year extension options and 10% rental increases at the start of each option period. The property benefits from strong in-place store performance, with approximately $2.8 million in annual sales and a low 5.1% rent-to-sales ratio, indicating a highly profitable location. The site also ranks in the 79th percentile for foot traffic nationally (Placer.ai). Strategically located along Highway 78, the primary east-west corridor through Brawley, the asset serves a core retail trade area within California’s Imperial Valley.

Exclusively Listed By

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