Family Dollar

Investment Overview

The Ballesteros Team is pleased to present for sale 1919 Almond St Dos Palos, a single tenant net leased Family Dollar consisting of a 9,180 SF building on a 0.54 AC lot. Family Dollar has 3 years left to go on an initial 10 year term with four (4) five (5) year options remaining.

Investment Highlights

• Corporate guaranteed tenant: Family Dollar recently purchased by group of private equity firms: Brigade Capital Management, Macellum Capital Management, and Arkhouse Management.
• 10-Year long term initial lease with 3 years remaining on the current term with 4 X 5 year options.
• 7% rent increases for each option period.
• NN Lease: Landlord responsible for roof & structure.
• Corner lot with ample parking.
• Easy access to CA Hwy-33 which connects the top of the Central Valley to Southern California.
• Located in CA Opportunity Zone.
• Down the street from Dos Palos High, a lynchpin of the community.