Property profile

1330 Park Blvd Orange Cove, CA 93646

FOR SALE
Retail space
Property ID
US09-5409690
10,000 SF 1.28 ac lot Built 2018
Individually Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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 profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2018
Construction TYPE NOT SPECIFIED
Total area 10,000 SF
Lot 1.28 ac (55,756 SF)
Zoning code C2
APN 375-040-31
UPID US09-5409690

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Postal Service Courier Service
  • Cinema (Bike/Boat/Book/etc) Store
  • Discount Store
  • Bank Credit Union

Location

1330 Park Blvd Orange Cove, CA 93646
Orange Cove metro Census 6501 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.87M
CAP Approach CAP
$1.99M
Comparable Approach Comparable
$1.73M
Blend (final) Blend
$1.92M

Owner & transaction history

since 2023
Last sale
$2.3M
2 recorded transactions
2023
Price N/A
2018
$2.3M

Zoning & alternative use

C2 · Orange Cove, CA
Top alternative use upside
Commercial (general) $3.1M +189.6%
Restaurant $2.1M +98.1%
Medical building $2.0M +81.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message