Dollar General Plus Long Term Absolute Net Lease Low… — Sale in Brawley, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Brawley, CA 92227
Investment Figures
- Cap rate
- 6.16%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
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
Market Context
This retail in Brawley, CA is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Brawley, CA — view the full market.
Contact
- Bill Rose · (858) 373-3132 · bill.rose@marcusmillichap.com
- Reed Hamilton · (858) 373-3226 · reed.hamilton@marcusmillichap.com
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