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1950 SW Bridge St, Grants Pass, OR, 97526

Dollar General

$1,965,600

Key Information

Cap Rate
7%
Tot. SF
9,100
Lot Size
1.34 Acres
Term Remaining
± 8 Years
Type
Retail
Occupancy
100%
NOI
$137,592

Highlights

• Absolute NNN Lease – The property features a true absolute triple-net (NNN) lease structure with zero landlord obligations—providing investors with 100% passive income and long-term stability.
• Corporate Guarantee – A Corporate-Guaranteed Lease backed by Dollar General — one of the nation’s largest retailers with over 21,000 locations and an S&P BBB credit rating — giving investors the security of a proven, creditworthy tenant.
• Stable Hedge Against Inflation – Approximately 8 years remain on the base lease term, with 10% rent increases built into each option period — delivering durable, long-term income security and a strong hedge against inflation.
• Robust demographics – Located along a corridor of national tenants, the property benefits from a strong regional draw within the Josephine County trade area. As the county’s largest city, Grants Pass serves as the area’s primary commercial and retail hub, with over 58,000 residents within a 5-mile radius and additional support from nearby Merlin and Cave Junction. Average household income in that radius is approximately $96,700, underpinning steady retail demand and long-term tenant performance in this stable Southern Oregon market.
• Surrounded by national brands and community anchors – The property benefits from proximity to national retailers and civic institutions that drive consistent, non-discretionary traffic. Nearby national and regional retailers — including Walmart Supercenter, Fred Meyer, Ross, TJ Maxx, and Tractor Supply — reinforce the strength of the corridor. Additional traffic comes from institutional anchors like Asante Three Rivers Medical Center, Grants Pass High School, and other area schools, as well as civic destinations such as the Josephine County Courthouse and the Rogue River riverfront district, underscoring the property’s role as a daily-needs destination for the community.

Photos

Location

Agents

Broker of Record

Tim Campbell

License # 950100171, 790100087 (OR)
Campbell Commercial Real Estate
701 High Street, #300, Eugene, OR 97401