1448 South Sanderson Avenue - Net Leased Investment - San Jacinto, CA 92582
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Net Leased Investment
1448 South Sanderson Avenue
San Jacinto, CA 92582 - Riverside County
Deborah Perry Senior Vice President
+1 925 787 3107 | deb.perry@colliers.com | CA Lic. 01236931
Sample image only, not actual store
*Not actual property, photo is for demonstration purposes only.
Executive
Summary
Colliers is pleased to present 1448 S.
Sanderson Ave in San Jacinto for sale. This
single tenant NNN Dollar Tree investment is
located in Southern California in the County of
Riverside. The Dollar Tree is new construction
and will be open in spring of 2023.
The City of San Jacinto is located west of
Palm Springs, north of Hemet and south of
Beaumont off Highway 79. The property is
adjacent to a Circle K with gas and Starbuck’s
and Walgreen’s are across the street in
Esplanade Shopping Center. San Jacinto is
home to Soboba Casino and Mt. San Jacinto
College and close to Mt. San Jacinto State
Park. This investment benefits from strong
demographics with over 159,516 residents
with a 5-mile radius.
$3,200,000
Sale Price
5.00%
CAP Rate
*Not actual property, photo is for demonstration purposes only.
Returns/Trimcap
eq. 18'-4 3/4" eq.
42"
36"
36"
28’ 60"
118’ frontage
Building Front Elevation
s sign is intended to be installed in accordance with the requirements of Article 600 of the National Electrical Code and/or other applicable local codes.
s includes proper grounding and bonding of the sign.
e location of the disconnect switch after installation shall comply with the Srtical 600.6 (A)(1) of the National Electrical Code
JOB INFO FILE ELECT.
JOB #:20728 DEAL #0000 SALESPERSON: DAVID RANDOLPH REVISIONS: SCALE: 120 Volt See Drawing for Specifications
5201 Pentecost Dr. NOTED
Investment Highlights
CLIENT: DOLLAR TREE #8481 DRAWN BY: BAM 3-30-20 bam 277 Volt
Modesto, Ca. 95356 CONTACT: PAGE 1 OF 3
DATE: 3-24-20
3-31-20 bam FILE NAME: Other
1-800-481-SIGN PROJECT LOCATION: 00-00-00 DOLLAR TREE-
C.S.C.L. # 718965 FAX (209) 543-1326 ESPLANADE COMMONS CLIENT APPROVAL DATE
san jacinto one box above
1250 S. SANDERSON AVE esplanade MUST be checked
I G N M A N U FA C T U R I N G I N S TA L L AT I O N M A I N T E N A N C E SAN JACINTO, CA LANDLORD APPROVAL DATE prior to any mfg. Copyright 2000 Johnson Sign Systems This artwork/design is sole prop
• Dollar Tree Absolute NNN Lease • Over 35,447 households within a 5-mile radius
• National Branding • Next to Esplanade Shopping Center with Walgreens,
Starbucks & Las Olas Meat Market
• New construction - Completion 2022
• Located between Hemet, CA to the South, Riverside, CA
• Located in Riverside County the fastest growing to the North and Palm Springs, CA to the East
county in California
• Populated area with over 159,516 residents
within a 5-mile radius
Dollar Tree, San Jacinto, California | 3
Property Summary
Price $3,200,000
Cap Rate 5.00%
APN 432-280-028
Address San Jacinto, CA
Building Area 9,999 SF
Land Area 1.25 Acres
*Not actual property, photo is for demonstration purposes only.
Year Built / Remodeled 2022 - Pending opening in Jan 2023
Ownership Fee Simple (Land & Building)
Lease Terms 10 Years
Lease Expiration TBD
Lease Types NNN
Option Periods Three 5-Year Options
NOI $160,000
Option 1: $170,000
Increases
Option 2: $175,000
Taxes Tenant
Insurance Tenant
Utilities Tenant
Repairs & Maintenance Tenant
Dollar Tree, San Jacinto, California | 4
Tenancy
Founded in 1953, Dollar Tree, Inc. operates more than
15,600 dollar stores in shopping centers and malls
throughout the contiguous 48 states and five Canadian
provinces under the Dollar Tree and Family Dollar banners,
as well as its e-commerce website. Stores average 8,500
square feet. The majority of merchandise at namesake
stores are priced at $1, with merchandise above that price
point at its Family Dollar locations. The company operates
in two reporting business segments: Dollar Tree and Family
Dollar. The Dollar Tree segment includes more than 7,900
stores ranging in size from 8,000 - 10,000 selling square
feet, under the Dollar Tree and Dollar Tree Canada brands,
with 7,700 SKUs, shipping from 13 distribution centers in
the U.S. and two in Canada. The Family Dollar segment
operates more than 7,900 stores, ranging in size from
7,000 - 9,000 selling square feet, with 7,800 SKUs shipping
from 11 distribution centers. Typical merchandise includes
consumables (candy and food, health and beauty care, and
household paper and chemicals), variety (toys, durable
housewares, gifts, stationery, party goods, greeting cards,
softlines), and seasonal (Valentine’s Day, Easter, Halloween
and Christmas). New Dollar Tree stores are typically situated
in strip shopping centers anchored by large retailers, while
new Family Dollar stores are situated in strip shopping
centers, freestanding buildings and downtown buildings.
Dollar Tree, San Jacinto, California | 5
Site Overview
Subject Property
S Sanderson Avenue
W Esplanade Avenue
Dollar Tree, San Jacinto, California | 6
Site Plan
B
Dollar
A
Tree
SITE PLAN
Dollar Tree, San Jacinto, California | 7
City of San Jacinto
San Jacinto is a city in the western portion of Riverside County California. level and is the second highest mountain range in Southern California.
It is located at the north end of the San Jacinto Valley. The park is a popular hiking region in Southern California.
It is accessed off Highway 74 to the South, Highway 79 to the East and Riverside County is a county located in the southern portion of California.
Interstate 10 to the North. The population as of the 2020 Census was 2,418,185, making it the fourth-
most populous county in California and the 10th most populous in the
The City of Hemet is located to the south and Beaumont California is
United States. The county is included in the Riverside-San Bernadino-
located to the north. The city was founded in 1870 making it one of the
Ontario Metropolitan Statistical Area, also known as the Inland Empire.
oldest cities in Riverside County.
The county covers 7,208 square miles in Southern California, spanning
The population of the city is estimated at 49,215 people as of 2019. The city from the greater Los Angeles area to the Arizona border. It is roughly
is home to Mt. San Jacinto College. The college is a public community college the size of the State of New Jersey in total area.
founded in 1962 with a student population estimated at 27,000 as of 2021.
The county is mostly desert but has a Mediterranean climate in the
San Jacinto is also home to the Soboba Casino, operated by the Soboba western portion. Most of Joshua Tree National Park is located in the
Band of Luiseno Indians. The Casino Resort is situated on over 200 county. The resort cities of Palm Springs, Palm Desert, Indian Wells,
acres and has 474,000 s.f., which hosts a casino, a 147-room hotel on- La Quinta and Ranch Mirage are all located in the central region of
site and a PGA rated golf course. Riverside County.
San Jacinto is also close to Mt. San Jacinto State Park. The park is 13,000
acres and has 50 miles of trails. The San Jacinto peak is 10,834’ above sea
Dollar Tree, San Jacinto, California | 8
Drive Distance
Central Location
32 Miles
49 Miles
55 Miles 28 Miles
22 Miles
32 Miles
17 Miles
41 Miles
68 Miles
16 Miles 49 Miles
70 Miles 4 Miles
40 Miles
75 Miles
66 Miles 24 Miles
79 Miles
Dollar Tree, San Jacinto, California | 9
Demographics
Population
1 mile - 19,768
3 mile - 105,377
5 mile - 161,963
Average Income
1 mile - $88,111
3 mile - $91,779
5 mile - $101,268
Households
1 mile - 7,021
3 mile - 38,468
5 mile - 57,176
Daytime Population
1 mile - 16,296
3 mile - 93,711
5 mile - 141,499Local Amenities
Dollar Tree, San Jacinto, California | 11*Not actual property, photo is for demonstration purposes only.
Deborah Perry
Senior Vice President
+1 925 787 3107
deb.perry@colliers.com
CA Lic. 01236931
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