Listed by Elevate Net Lease
$800,000
DG | 9% Cap | Ranked 63rd percentile - AlphaMap
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,100
Cap Rate 9%
NOI $72,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type NN
Lease Expiration 04/30/2028
Remaining Term 1.9
Rent Bumps Yes
Lease Options (5) 5-Year
Class B
Year Built 2010
Acreage 1.000
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No
Retail | 8.50% CAP | 9,100 SqFt
Marketing description
Dollar General, a publicly traded Fortune 200 company with over 20,000 stores, offers this exceptional net lease investment opportunity in Albuquerque, New Mexico. The property features a ±9,100 SF freestanding prototype on a ±1.00-acre parcel, constructed in 2010 to modern standards. Dollar General has operated at this location for 15 years, demonstrating strong store performance and long-term commitment to this dense trade area surrounded by established residential neighborhoods. The NN lease structure provides passive income with minimal landlord responsibilities, featuring five 5-year renewal options with 10% rent increases. This investment offers secure, credit-backed rental income with long-term stability and predictable cash flow.
Investment highlights
Ranked 63rd percentile - AlphaMap
- Tenant: Dollar General (NYSE: DG), a publicly traded Fortune 200 company with 20,000+ stores, providing secure, credit-backed rental income and long-term stability.
- Location: Located in a dense Albuquerque trade area surrounded by established residential neighborhoods, ensuring consistent daily demand and strong customer traffic.
- Building Size: ±9,100 SF freestanding prototype designed for efficient merchandising and operational performance, supporting high in-store productivity.
- Lot Size: ±1.00 acre parcel with ample parking, strong visibility, and convenient access, allowing future redevelopment flexibility and long-term land value security.
- Year Built: Constructed in 2010 to Dollar General's modern standards, offering durable infrastructure, low maintenance exposure, and dependable long-term performance.
- Lease Structure: NN lease with minimal landlord responsibilities, offering passive income and predictable cash flow with limited management involvement.
- Occupancy: 100% single-tenant property leased to corporate Dollar General.
- Operating History: Dollar General has operated at this location for 15 years, demonstrating strong store performance and long-term commitment to the trade area.
Listing Contacts
Listed by Elevate Net Lease
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,000.00
$6,000.00/mo
Valuation Metrics
0
DSCR
9%
Cap Rate
9%
ROI
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