Dollar General for Sale in Bakersfield, CA
Bakersfield, CA
Key Investment Metrics
Price
$5,200,000
Cap Rate
6.8%
Net Operating Income
$351,000
Building Size
18827 SF
Land Area
2 Acres
Remaining Term
2 years
Lease Expiration
07/31/2028
Lease Term
15.1 years
Lease Commencement
07/04/2013
Lease Type
NNN
Tenant Credit
Corporate Guarantee
Year Built
1952
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
Property overview
Dollar General in Bakersfield
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 18,827 SF
- Land area
- 2 acres
- Year built
- 1952
- Lease type
- NNN
- Lease expiration
- 07/31/2028
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.