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Property profile & analytics
FOR SALE
Commercial land

37303 Avenue 12 Madera, CA 93636

1.01 ac lot
Individually Owned 3-yr Hold Free & Clear
Property ID
US09-5202857
Property summary
AI-generated overview

This exceptional investment opportunity presents a freestanding Dollar General store building located at 37303 Avenue 12, Madera, CA. The property encompasses 9,026 square feet and sits on a 1.02-acre lot in a high-traffic area. Currently operating under a triple-net lease, the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance, maximizing investor returns. The current lease agreement provides a substantial net operating income (NOI) of $139,467 annually, translating to a monthly income of $11,622. This translates to a strong 6% capitalization rate. The existing lease agreement extends until 2030, offering long-term stability and predictable cash flow. Furthermore, the lease includes a valuable 10% rent increase option, providing potential for future income growth. This turnkey investment is ideal for passive income seekers or those looking to diversify their portfolio with a proven, established tenant in a prime location. The property's strong performance metrics and long-term lease make it a compelling opportunity for discerning investors. The building's location on a busy street ensures high visibility and consistent customer traffic, further enhancing its investment potential. This is a rare chance to acquire a stable, high-performing commercial property in a thriving market.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.01 ac (43,995 SF)
APN 049-216-020-000
UPID US09-5202857
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • FedEx OnSite Postal Service Courier Service
  • Dollar General Discount Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Peter Einan Soh · 3 yrs held
Peter Einan Soh
since 2023
2 recorded transactions
2023
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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
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