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28940841
28940842

769 E 15th St, Eads, CO 81036 For Sale

BB
CO 100075683, OH BRK.200900214 (+21)
Bang Realty
Listed by Bang Realty
$2,119,160
217 days on market
Updated 29 days ago

Dollar General - Eads CO

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,640
Net Rentable (SqFt) 10,640
Units 1
Tenancy Single
Brand/Tenant Dollar General
Lease Term 15.1
Lease Expiration 04/30/2039
Remaining Term 12.8
Rent Bumps Yes
Lease Options Five (5), 5-Year, 5%
Price per SqFt $199
Year Built 2024
Buildings 1
Stories 1
Lease Commencement 04/05/2024

Retail | 10,640 SqFt

Marketing description

DOLLAR GENERAL 769 E 15th St, Eads, CO 81036 Invest in a rare opportunity with the Dollar General property in Eads, CO. Priced at $2,199,160 with a solid 7.0% CAP rate, this investment features a 2024-built store with over 13 years left on the lease. Benefit from an absolute NNN lease with attractive 5% rent increases every 5 years. The 10,640 SF building is strategically located to serve a broad customer base, with no local retail competition within a 28-mile radius. This high-visibility property along US-287 Highway sees over 6,000 daily vehicles, enhanced by its proximity to several RV parks that drive additional traffic. Backed by Dollar General Corporation's strong credit (S&P rating of BBB) and 20,000+ locations nationwide, this is a secure and promising investment opportunity. Don't miss out on this income-generating deal with a premier tenant in a prime location.

Investment highlights

  • 2024 Dollar General Store With 13+ Years Remaining on Primary Term

  • Absolute NNN Lease With Zero Landlord Responsibilities

  • Attractive 5% Increases Every 5 Years

  • 10,640 Square Foot Prototype That Accommodates a Larger Volume of

Customers

  • Limited Local Retail Competition - the Only Dollar Store Within 28 Miles

  • Highly Visible Along US-287 Hwy With 6,000+ Vehicles Passing Daily

  • Surrounded by Several RV Parks Generating Additional Traffic to the

Area

  • Strong Corporate Guaranty by Dollar General Corporation, With an S&P

Credit Rating of BBB and Operates 20,000+ Locations

Listing Contacts

BB
CO 100075683, OH BRK.200900214 (+21)
Bang Realty
Listed by Bang Realty

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Additional Information

Name
Brian Brockman
License
100075683
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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