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    1330 Park Blvd Orange Cove, CA 93646

    For Sale
    $2,754,960

    High-Yield NNN Lease in CA

    Property size:
    9,993 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a freestanding Dollar General store located at 1330 Park Blvd, Orange Cove, CA 93646. The property boasts a substantial 9,993 square foot building situated on a 1.27-acre lot. Currently operating under a triple-net (NNN) lease with Dolgen California, LLC, and guaranteed by Dollar General, this single-tenant property offers significant financial stability. The lease features a primary term of 9 years remaining, generating an annual net income of $137,748. Further enhancing the investment potential are option years extending the lease through 2030, with escalating rental rates: $151,524 annually from years 16-20, $166,680 annually from years 21-25, and $183,348 annually from years 26-30. The property's strong occupancy rate of 100% and a 5.00% cap rate contribute to its attractive investment profile. This is a prime opportunity for investors seeking a secure, high-yield retail investment in a stable market. The asking price for this exceptional property is $2,754,960. This freestanding building presents a compelling opportunity for long-term passive income generation. The property is located in Fresno County, California.

    Property Features for 1330 Park Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,993 SF
    Lot Size
    55,321 SF

    HighLights

    • 1330 Park Blvd, Orange Cove, CA 93646
    • 1.27‑acre lot, 9,993 SF freestanding building
    • 9,993 SF freestanding Dollar General store
    • Triple‑net (NNN) lease to Dolgen California, LLC, guaranteed by Dollar General
    • $137,748 annual net income
    • 9 years remaining on primary lease term
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FedEx OnSite Mailing Service Redbox Movie Rental Kiosk Dollar General Dollar Store Western Union Money Transfer Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orange Cove
    County
    Fresno
    State
    California
    Longitude
    -119.3237136
    Latitude
    36.6251976

    Nearby Comparable

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      Freestanding Building on Park Boulevard

      Freestanding building with high visibility and owner user potential.
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    Nearby Similar for Sale

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      Mixed-Use Building in Orange Cove

      Renovated mixed-use building with leasing income and expansion potential.
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    • $495,000
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      Freestanding Building on Park Boulevard

      Freestanding building with high visibility and owner user potential.
      624-636 Park Blvd, Orange Cove, CA 93646
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-Yield NNN Lease in CA
    Where is this individual retail property located?
    The property is located at 1330 Park Blvd Orange Cove, CA.
    What is the asking price?
    The asking price for this property is $2,754,960.
    What are key features of this property?
    This property features: 1330 Park Blvd, Orange Cove, CA 93646; 1.27-acre lot, 9,993 SF freestanding building; 9,993 SF freestanding Dollar General store
    Request Owner's contact information
    1330 Park Blvd Orange Cove, CA 93646
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    Orange Cove, CA 93646
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1330 Park Blvd Orange Cove, CA 93646
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