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Dollar General Absolute NNN Investment Asset Dollar Store California

Dollar General | Redding, CA
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Investment Offering

Tenant: Dollar General | Redding, CA
Premises: 10,566 SF
Renewal Options: 3 x 5 Years

Lease Expiration: 2/28/2037
Lease Type: Absolute NNN
Rental Increases: 10% at Options


Sands Investment Group is Pleased to Present Exclusively Offer For Sale the 10,566 SF Dollar General Absolute NNN Investment Asset Located at 12096 Dry Creek Road in Redding, California. This Opportunity Includes a High-Quality Tenant With a Long-Term Absolute Triple Net (NNN) Lease and Zero Landlord Responsibilities, Providing For a Secure Investment.

  • New Construction Build-to-Suit Dollar General in Redding, California
  • Expected Date of Delivery to Tenant is Mid December 2021
  • Larger Building of 10,566 SF and Extra-Large Lot Size of 5.29 Acres
  • Dollar General is Publicly Traded (NYSE:DG) Fortune 500 Company With an S&P Rating of BBB and Moody’s Rating of Baa2
  • Dollar General Has Been in Business For Over 80 Years and Has a Current Net Worth of Over $6.2 Billion
  • Dollar General Operated 17,683 Stores in 46 States as of July 30, 2021
  • Located on Hwy 299 at the Corner of Dry Creek Road Providing Easy Ingress and Egress From Both Directions
  • Over 106,351 People Within a 10-Mile Radius
  • Across the Street From the Bella Vista Elementary School and Approximately 13 Minutes From Downtown Redding
  • Approximately 5-Miles From Shasta College and Simpson University

In Cooperation With Sands Investment Group, Inc Lic. # 01768950

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Tenant Overview

Dollar General Corporation (NYSE: DG) was founded in 1939 and has been delivering value to shoppers for over 75 years. Dollar General helps shoppers Save time. Save money.
Every day! by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. In addition to high quality private brands, Dollar General sells products from America’s most-trusted brands such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo.
Dollar General operated 17,683 stores in 46 states as of July 30, 2021. During the year, we completed 2,780 real estate projects, including the opening of our 17,000th store and the launch of our new pOpshelf concept, while also delivering the 31st consecutive year of same-store sales growth. In addition, the Company is reiterating its plans to execute 2,900 real estate projects in fiscal year 2021, including 1,050 new store openings, 1,750 store remodels, and 100 store relocations. The company continues to expect capital expenditures in the range of $775 million to $825 million.

Area Overview

Dollar General | Redding, CA

12096 Dry Creek Road - Redding, CA 96003

Contact Broker for Details

Status: Sold

Dollar General | Redding, CA

Chris Naylon

310.438.5525
cnaylon@SIGnnn.com

Make an Offer
$8 BILLION IN SALES

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List with SIG

Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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