121 S Washington St - Freestanding FOR SALE


Afton, WY 83110
$2,719,000 USD
916-403-1812
121 S Washington St, Afton, WY for Sale
$2,719,000 USD
Freestanding - FOR SALE
1/7
null | 6.25% Cap Rate

121 S Washington St
Afton, WY 83110


HIGHLIGHTS

  • New 15-year absolute NNN lease to major national tenant with over 19,000 locations nationwide
  • Lease is guaranteed by Dollar General Corporation, over $37 billion in 2023 revenue – very strong corporate guarantee
  • Zero landlord management obligation with tenant responsible for taxes, insurance, and all maintenance including roof and structure
  • Property provides ideal investment opportunity to passive and out of area investors

OVERVIEW

This Dollar General is prominently located along Highway 89, Afton’s main thoroughfare, offering high visibility and ease of access. This prime location benefits from a steady flow of traffic, drawing both local residents and travelers exploring the region. Situated in the heart of Afton, this property is conveniently close to the town’s key amenities and residential areas, ensuring a constant stream of customers throughout the day. Within a 30-mile radius lies the Bridger-Teton National Forest, a renowned destination for outdoor activities. This natural attraction brings additional foot traffic to the area, boosting business opportunities for nearby stores, including Dollar General. Afton serves as a central stop for tourists traveling along the scenic Star Valley and heading toward national parks like Yellowstone, just 90 minutes away. This influx of visitors creates additional potential for businesses to attract a diverse customer base. Star Valley High School, a significant local institution, is located half a mile away, ensuring regular traffic from students, staff, and families, further supporting foot traffic to Dollar General and nearby businesses

FOR SALE DETAILS

PRICE

$2,719,000 USD

PRICE/SF

$214 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

-

APN/PARCEL ID

3218-302-00-088.00

ASK ABOUT THIS PROPERTY

McKenney HouckCushman & WakefieldMore Info
916-403-1812

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McKenney HouckCushman & WakefieldMore Info
916-403-1812

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.