1101 E Hobson Way Blythe, CA 92225
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This is a NNN investment property with Dollar General as a tenant. Dollar General has an approximately 6 Years remaining on the initial 15 year lease term with (2) Five year options each with 10% rent increases. The annual rent is $183,762.00 and payments are monthly at 5.31% CAP RATE. Located next to interstate Highway 10 at California and Arizona Boarder, 1 mile west of Colorado River. The building was built 2013. Tenant pays for all operating expenses, insurance and property tax no owner responsibilities. There is approximately $1,450,000 assumable loan at only 3.51% interest (must qualify). Great investment opportunity, stand alone brick and mortar building on a private lot and 50 parking spaces.
|a month ago||Listing updated with changes from the MLS|
|a month ago||Listing first seen online|