Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Dollar General Waterflow NM 3228 US 64 9,100 SF 100% Leased Retail Building Waterflow, NM 87421 $1,971,058 CAD ($216.60 CAD/SF) 6.95% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

LISTING BROKER
Jennifer Stein Real Estate, Inc.
Jennifer Stein, Broker.
213-446-5366
Jstein@jenniferstein-realestate.com
WaterflowNM@jdsreservices.com
NM License: 10003
Price $1,440,000
Cap Rate 7.0%
Building Size 9,100 SF
Net Cash Flow 7.0% $100,776
Year Built 2021
Lot Size 0.97 Acres
LEASE SUMMARY
Lease Type Absolute Triple-Net (NNN) Lease
Tenant Dollar General
Guarantor Corporate
Lease Commencement Date August 1, 2021
Lease Expiration Date August 31, 2036
Lease Term Remaining 12 Years
Rental Increases 10% in Each Renewal Option
Renewal Options 3, 5 Year Options
Right of First Refusal None

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
9,100 SF
Year Built
2021
Price
$1,971,058 CAD
Price Per SF
$216.60 CAD
Cap Rate
6.95%
NOI
$137,051 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.22
Lot Size
0.97 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2094173138178
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$527,265 CAD
  • Listing ID: 38066700

  • Date on Market: 2025-10-14

  • Last Updated:

  • Address: 3228 US 64, Waterflow, NM 87421

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}