Newman, CA 95360

Dollar General

Property Address

1930 N Street, Newman, CA, USA

Offering Summary

  • Price: $3,257,800
  • Lot Size: .98 Acres
  • Cap Rate: 6.0%
  • Year Built: 2014
  • Building SF: 12,480
  • Status: Available
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  • Triple-Net (NNN) Lease with Dollar General Corporate - 10% Rental Increases in Renewal Options
  • 18,981 Residents within a 5-Mile Radius - Modesto MSA
  • Prime Location on Newman’s Main Thoroughfare (N Street/CA-33)
  • Across from Nob Hill Foods Anchored Center
  • Surrounded by National Retailers - Rite Aid, Taco Bell, Burger King, AutoZone, Subway, Chevron, and More
  • Average Household Income Exceeds $80,000 in Immediate Area
  • Limited Competition - Subject Property is the Only Discount/Dollar Store Serving the Newman Area

Broker Information