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Dollar General - Milliken CO 1740 E Broad St 9,014 SF Retail Building Milliken, CO 80543 $1,722,145 CAD ($191.05 CAD/SF) 7.25% Cap Rate



INVESTMENT HIGHLIGHTS
- • Recent Dollar General Improvements: Renovated in 2024, signaling long-term commitment to the site.
- • Established Location: Longstanding Dollar General built in 2007 and renovated in 2024 - proven performance and strong community presence.
- • New Roof & Warranty: Roof replaced two years ago with an active 8-year warranty, minimizing future capital exposure.
- • Residential surroundings & Strong demographics: $114,977 average HHI within a 1-mile radius.
- • Expanding Trade Area: Located in a high-growth corridor near I-25 with strong residential and commercial development driving retail demand.
EXECUTIVE SUMMARY
Introducing the exceptional DOLLAR GENERAL PROPERTY at 1740 BROAD ST, SUITE C, MILLIKEN, CO 80543. This prime investment opportunity boasts a recently renovated Dollar General store, showcasing a long-term commitment and surrounded by high-income households with an average household income of $114,977 within a 1-mile radius. The property's established presence since 2007, along with a strong community following, reaffirms its reliability. Located in a high-growth corridor near I-25, witnessing substantial residential and commercial development, the Dollar General Property offers a solid foundation for retail demand. Noteworthy features include a new roof with an active 8-year warranty, reducing future capital exposure. With Dollar General Corporation as the corporate guarantor, this single-tenant property presents a lucrative leasing opportunity. The lease, offering two 5-year options with 10% rent increases, secures a steady income stream. Don't miss out on this attractive investment with a $1,243,875 listing price and a 7.25% CAP rate generating a $90,181 NOI annually.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
C
Year Built/Renovated
2007/2024
Price
$1,722,145 CAD
Price Per SF
$191.05 CAD
Cap Rate
7.25%
NOI
$124,856 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.86
Lot Size
0.24 AC
Zoning
PUD
AMENITIES
- Freeway Visibility
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R6777713 | Improvements Assessment | $431,206 CAD |
| Land Assessment | $89,742 CAD | Total Assessment | $520,948 CAD |
PROPERTY TAXES
Parcel Number
R6777713
Land Assessment
$89,742 CAD
Improvements Assessment
$431,206 CAD
Total Assessment
$520,948 CAD
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Dollar General - Milliken CO | 1740 E Broad St
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