Retail-Commercial for Sale Dollar General 8068 - 8.25% Cap Rate (Los Angeles, CA)

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Retail-Commercial for Sale Dollar General 8068 - 8.25% Cap Rate

This investment property contains a 12 000 SF building of which Dollar General (DG) Store 8068 occupies 9 200 SF and has since December of 2000 and a 2 800 SF tenant named Crow Creek Beverage. Crow Creek has occupied the building since October of 2014. The most recent lease extension for DG extends the lease until December 31 2017. There have been several 3-year lease extensions for DG. The current extension allows for 1 more extension from 1 1 18 through 12 31 2021. See Lease Abstract for more lease details.The Crow Creek Beverage lease began 10 1 2014 and terminates on 10 1 2017. Crow Creek has one 3-year extension beyond 10 1 2017. They pay in addition to regular rent a percentage rent of 3% on sales over 125 000 year. The combined Capitalization Rate (Cap Rate) for this investment is 8.25%. Additional Info available upon request 1. Dollar General Least Abstract and lease documents2. Crow Creek Beverage Lease Abstract and lease documents3. Pro forma and Actual 2014 & 2015 P& L s...

01-05-2025 UNITED STATES, Los Angeles, CA
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