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28883001
28883002

305 4th St, Las Animas, CO 81054

JR
CO CO FA100070249
Marcus & Millichap - Denver
DI
CO FA.100023779
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver
$1,300,000
170 days on market
Updated 2 days ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,100
Net Rentable (SqFt) 9,100
Units 1
Cap Rate 6.85%
NOI $88,995
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/31/2033
Remaining Term 7.2
Rent Bumps Yes
Lease Options 3 x 5-Year
Price per SqFt $143
Broker Co-Op Yes
Year Built 2018
Buildings 1
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/19/2018
Occupancy Date 07/19/2018
Ground Lease No

Low Price Point Top Performing Colorado Dollar General | ABS NNN (NYSE: DG)

Investment highlights

  • TOP-PERFORMING STORE – TOP 22% NATIONALLY & TOP 21% IN COLORADO
    This location ranks 4,257 of 19,418 Dollar General stores nationwide (Top 22%) and 17 of 77 in Colorado (Top 21%), according to Placer.ai — demonstrating strong visitation and above-average performance.

  • ABSOLUTE NNN CORPORATE LEASE WITH 7.4+ YEARS REMAINING
    Backed by Dollar General Corporate on an absolute NNN structure, offering passive, zero-landlord-responsibility income with more than 7.4 years of firm term remaining

  • LOCATED DIRECTLY OFF U.S. HIGHWAY 50 - MAJOR EAST-WEST CORRIDOR
    Situated just off US-50 (Bent Ave, 4,600 VPD), the site benefits from visibility and access along the key route connecting the Western Slope to Pueblo, Colorado Springs, and the Front Range, ensuring steady daily traffic.

Listing Contacts

JR
CO CO FA100070249
Marcus & Millichap - Denver
DI
CO FA.100023779
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,995.00
$7,416.25/mo

Valuation Metrics

0
DSCR
6.85%
Cap Rate
6.85%
ROI

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Additional Information

Name
James Rassenfoss
License
CO FA100070249
Brokerage
Marcus & Millichap
Brokerage Phone
3033282022
Title
CO
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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