Dollar General — Sale in Rockaway Beach, OR
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Rockaway Beach, OR 97136
Investment Figures
- Cap rate
- 7.21%
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
Marcus & Millichap is pleased to exclusively present the opportunity to acquire the fee-simple interest in a single-tenant Dollar General located at 412 US-101, Rockaway Beach, Oregon 97136. The property is leased to Dollar General Corporation, a BBB credit-rated tenant, offering investors secure, long-term income backed by a nationally recognized, necessity-based retailer. The freestanding retail building was constructed in 2018 and is subject to an absolute triple-net (NNN) lease with a corporate guarantee, providing passive ownership with zero landlord responsibilities. The lease commenced on March 26, 2018, and expires on March 31, 2033, offering more than 6.5 years of remaining primary term. The lease features 10 percent rent increases and includes three (3), five-year renewal options, providing strong contractual rent growth and long-term residual value. Dollar General’s business model focuses on value-oriented consumers and essential goods, making it a historically recession-resistant retailer well positioned across economic cycles. This offering represents an opportunity to acquire a modern, credit-tenant net lease asset in a coastal Oregon market with predictable cash flow, built-in rent escalations, and long-term lease security. Investment Highlights: • Single-tenant Dollar General absolute net lease investment • BBB credit-rated tenant with corporate guarantee • 10% rent increases providing built-in income growth • Absolute NNN lease – zero landlord responsibilities • Necessity-based, recession-resistant discount retailer • Remodeled 2025
Market Context
This retail in Rockaway Beach, OR is listed for sale. It is offered at an approximate 7.2% 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 Rockaway Beach, OR — view the full market.
Contact
- Arnie Suttipreechanun · (562) 257-1291 · arnie.sutti@marcusmillichap.com
- David Tabata · (503) 200-2000
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