- For Sale $2,045,000
- Property Type Retail - Freestanding
- Property Size 9,026 SF
- Lot Size 1 Acre
- Property Tenancy Single Tenant
- Year Built 2017
- Date Updated Mar 22, 2024
-A corporate backed, absolute NNN leased Dollar General with zero landlord maintenance or expense responsiblities. The lease features 8+ years remaining with three, 5-year options, each with a 10% rent increase. Westwood (Lake Almanor) lies 100 miles northwest of Lake Tahoe and is known for its outdoor activities including boating, fishing, golf, hiking, cycling, bird watching, and proximity to Lassen Volcanic National Park.
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Attachments
Highlights
- Absolute NNN lease with no landlord responsibilities
- 10% rent increases during each option period
- Lease guaranteed by Dollar General Corporation (NYSE:DG), #108 on the F ortune 500 list of companies (S&P: BBB)
- Fee simple ownership
- This Dollar General lies along an important truck route for the tenant, and is located approximately 7 miles from the only truck rest area within ~89 miles.
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Contacts
Bryan Webb
CP Partners
(415) 274-2717
Location
Getting Around
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Walk Score ®
Car-Dependent (37) -
Bike Score ®
Bikeable (57)
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- City Westwood, CA
- Zip Code 96137
Points of Interest
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FuelGood
1.00 miles
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Pizza at the Branch
5.07 miles
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Tantardino’s Pizzeria & Pasta
6.93 miles
Contact Listing Broker
Bryan Webb
CP Partners
(415) 274-2717