Dollar General Investment
37303 Ave 12 Madera, CA 93636
For Sale
Contact for pricing
Net-leased Dollar General in Madera, CA, on 43,996 SF parcel.
Property Size9,026 SF
Lot Size1.01 Acres
Price / SF$254.82
Days on Market307
Property Features for 37303 Ave 12
General Information
Standard status
Active
Size
9,026 SF
Lot size
1.01 Acres
Property subtype
Retail
Building Details
Year Built
2015
Listing Agency:
RE/MAX Gold Commercial
(209) 765-8568
Listed By:
Andrew Hernandez · License #CA 01030654
Source:
Crexi
Added: Sep 26, 2025
Changed: Jul 6
Last Checked: Jul 29 at 11:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Gold Commercial
Investment Insights
Based on property information with market context.
This property in Madera, CA, presents an investment opportunity with a Dollar General as the tenant. The retail building, constructed to Dollar General's prototype standards, offers approximately 9,026 square feet of space. It is situated on a 43,996-square-foot parcel. The location offers high visibility in a growing trade area, which ensures consistent foot traffic. The property is net-leased to a nationally recognized tenant.
Key Highlights
- Net‑Leased Investment with Nationally Recognized Tenant (Dollar General)
- Stable, Income‑Producing Asset with Immediate Cash Flow
- Located in a High‑Visibility Area within a Growing Trade Area
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $279.4k | $30.96 |
| − Vacancy | −$15.9k | −$1.76 |
| EGI | $263.5k | $29.20 |
| − OpEx | −$65.9k | −$7.30 |
| NOI | $197.6k | $21.90 |
9,026 SF · lease $30.96/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.82M
$2.47M – $3.29M
NOI $197,637 @ 7.0% cap · market cap 8.59%
Second Best
Retail
$2.64M
$2.31M – $3.07M
NOI $184,462 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$3.49M
$3.06M – $4.08M
NOI $244,511 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- State Foods Supermarket — 37405 Ave 12 #401, Madera, CA 93636
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Net-leased Dollar General in Madera, CA, on 43,996 SF parcel.
Where is this grocery and convenience store located?
The property is located at 37303 Ave 12 Madera, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Net‑Leased Investment with Nationally Recognized Tenant (Dollar General); Stable, Income‑Producing Asset with Immediate Cash Flow; Located in a High‑Visibility Area within a Growing Trade Area
