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116 Riley Way Valley Springs, CA

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For Sale
$2,880,000

NNN leased Dollar General with 11 years remaining in California.

Property size:
9,002 SF
Lot size:
1.32 Acres

Property Features for 116 Riley Way

General Information

Size
9,002 SF
Lot size
1.32 Acres

Source: Matthews Real Estate Investment Services - Orange County Agent Mitchell Glasson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Dollar General NNN Investment Opportunity

This property is a Dollar General store with an investment-grade credit rating of BBB (S&P). The tenant operates from Dollar General’s latest prototype image under an absolute NNN lease, offering passive ownership with zero landlord responsibilities. The corporate-guaranteed lease is backed by Dollar General’s $51.9 billion market cap. The store is the only Dollar General within a 20-mile radius and is positioned off Hwy-12 in the same distribution channel as the two nearest Dollar General locations in Lockeford and West Point, CA. The property has 11 years of absolute NNN lease term remaining.
Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Similar Places Nearby

Grocery Outlet

Map

City
Valley Springs
County
Calaveras
State
California
Longitude
-120.8291033
Latitude
38.1915856

FAQs

What type of property is this?
Grocery and convenience store - NNN leased Dollar General with 11 years remaining in California.
Where is this grocery and convenience store located?
The property is located at 116 Riley Way Valley Springs, CA.
What is the asking price?
The asking price for this property is $2,880,000.
What are key features of this property?
This property features: - Investment-grade credit rating of BBB (S&P) for Dollar General (NYSE: DG) with 34 consecutive quarters of same-store sales growth.; - Rare California offering with **11 years of Absolute NNN Lease term remaining and a 5.25% cap rate.**; - Corporate guaranteed lease backed by Dollar General’s $51.9 Billion Market Cap.
More about this property
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