DG in Rangely CO
NNN Investment - DG in Rangely CO
Marketing description
Dollar General – 226 E Main St, Rangely, CO 81648 presents an attractive opportunity to acquire a newer-construction, single-tenant net leased investment in the heart of northwest Colorado. Built in 2020, this ±9,100 SF freestanding retail property sits on 1.88 acres with approximately 30 parking spaces and strong visibility at the intersection of E Main St and E Rio Blanco Ave.
Leased to DG Retail LLC and corporately guaranteed by Dollar General Corporation, the asset offers the stability of a nationally recognized essential retailer with investment-grade credit. The property is structured on an absolute NNN lease, creating a truly passive ownership profile with no landlord responsibilities. The initial 15-year term runs through September 30, 2035, with three additional 5-year renewal options and rent increases in each option period.
Positioned along Main Street with traffic counts of approximately 4,000–6,000 vehicles per day, Dollar General – 226 E Main St, Rangely, CO 81648 benefits from its role as a key convenience retail destination serving local residents, regional workers, and travelers alike.
Investment highlights
An exceptional opportunity to acquire a high-performing Dollar General operating under an absolute triple-net (NNN) lease in the thriving city of Rangely, Colorado. Located at 226 E Main St this freestanding, single-tenant property is backed by a corporate -guaranteed lease and offers investors truly passive income.
Key Investment Highlights:
- Stable, Essential National Credit Tenant
- Corporate-guaranteed lease by Dollar General Corporation (NYSE:DG) - a leading US discount retailer with a long history of consistent expansion and profitability
- Tenant has investment-grade credit (Standard & Poor’s BBB; Moody’s Baa2), enhancing security of rent payments
- Dollar General specializes in everyday essentials (consumables, home goods, seasonal items), which drives recurring local foot traffic and resilience during economic cycles
- Landlord-Friendly Lease Structure
- Structured as a 15-year Absolute NNN Lease, meaning tenant pays all property expenses - Texes, insurance, maintenance - delivering truly passive income to the investor
- The fee-simple ownership structure is ideal for long-term investors and 1031 exchange buyers
- Necessity Retail in a Core Regional Market
- Dollar General’s business model thrives in small towns and rural markets, where national discount retail options are limited and consumer reliance is high. Approximately 70% of stores are located in towns with populations under 20,000.
- Rangely, CO serves as a regional hub for local residents, oil & gas workers, and travelers, making the store an essential shopping destination
- Main Street/Retail frontage of Rangely sees meaningful traffic (~4,000-6,000 vehicles per day) - supporting visibility and convenience
- Demographic and Economic Support
- The town of Rangely (~2,300 residents) anchors surrounding rural communities in Rio Blanco County, providing a built-in customer base
- Local employers such as Colorado Northwestern Community College and Rangely District Hospital contribute to daytime population and steady spenders within walking or short drive distance
- State Highway 64 (near Rangely) carries regional traffic through the area, including tourism and energy industry travel
- Passive, Fixed Income with Upside Potential
- Dollar General NNN investments tend to offer a yield advantage vs other single-tenant net lease sectors
- The property can appeal to 1031 exchange investors, passive income buyers, and risk-averse net-lease portfolios
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