Log In/Sign Up
Your email has been sent.
Dollar General 40541 US Highway 287 10,640 SF Retail Building Eads, CO 81036 $3,110,972 CAD ($292.38 CAD/SF) 6.85% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand-new 1 5-year lease with five, 5-year options t o extend. 5% rental increases every 5-years during the primary term and option periods
- Absolute NNN lease structure features zero Landlord expense or maintenance obligations, providing an investor with a “hands-off” investment
- Dollar General currently operates over 20,500 stores nationwide, making it the country’s largest small-box discount retailer
- The lease is backed by a corporate guaranty from Dollar General, #111 on the Fortune 500 list of companies
- Dollar General generated $40.6 billion in 2024 fiscal year sales, a 4.9% increase from the previous year
EXECUTIVE SUMMARY
2024 construction Dollar General on a 15-year absolute NNN lease backed by a corporate guaranty (NYSE: DG) with four, 5-year options to extend. The subject property is strategically located on US 287.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2024
Price
$3,110,972 CAD
Price Per SF
$292.38 CAD
Cap Rate
6.85%
NOI
$213,131 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.17 AC
Parking
36 Spaces (3.38 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 11-111-3787 | Improvements Assessment | $0 CAD |
| Land Assessment | $5,974 CAD | Total Assessment | $5,974 CAD |
PROPERTY TAXES
Parcel Number
11-111-3787
Land Assessment
$5,974 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,974 CAD
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar General | 40541 US Highway 287
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.