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Investment Highlights

  • National Credit Tenant: Long-term lease with Dollar General, a Fortune 500 company and one of the nation’s fastest-growing discount retailers.
  • High-Traffic Location in Growth Corridor: Positioned in an expanding Madera trade area with strong demographics and increasing demand
  • Large Lot & Modern Building: 43,996 SF parcel with an approximately 9,026 SF building constructed to Dollar General’s current prototype standards.

Executive Summary

Prime Net-Leased Investment Opportunity – Madera, CA
This high-visibility Dollar General in Madera, CA (ZIP 93636) offers investors a rare chance to acquire a stable, income-producing asset with a nationally recognized tenant already in place. Situated on a generous 43,996-square-foot parcel, the property features an approximately 9,026-square-foot modern retail building designed to Dollar General’s current prototype standards. Its strategic location in a growing trade area ensures consistent foot traffic and long-term tenant viability. With a strong lease, minimal landlord responsibilities, and an established national brand, this property delivers both immediate cash flow and excellent potential for appreciation.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
9,026 SF
Building Class
B
Year Built
2015
Price
$3,143,962 CAD
Price Per SF
$348.32 CAD
Cap Rate
6.06%
NOI
$190,643 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.21
Lot Size
0.97 AC
Zoning
MHA - Commercial
Parking
30 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
147’ on Avenue 12

Amenities

  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • $20.96 CAD
  • Triple Net
  • Feb 2030

Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - $20.96 CAD Triple Net Feb 2030
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
049-216-020
Land Assessment
$568,383 CAD
Improvements Assessment
$2,871,853 CAD
Total Assessment
$3,440,236 CAD
  • Listing ID: 37828315

  • Date on Market: 2025-09-25

  • Last Updated:

  • Address: 37303 Avenue 12, Madera, CA 93636

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