E 15TH STREET/US 287 AND ADAMS st - Freestanding FOR SALE
Eads, CO 81036 |
$2,247,000 USD
415-307-9010
E 15TH STREET/US 287 AND ADAMS st
Eads, CO 81036
HIGHLIGHTS
- New 2024 Construction with extremely rare rental increases during the primary term
- Brand-new 15-year lease with five, 5-year options to extend. 5% rental increases every 5-years during the primary term and option periods
- Absolute NNN lease structure features zero Landlord expense or maintenance obligations, providing an investor with a “hands-off” investment
- The lease is backed by a corporate guaranty from Dollar General, #111 on the Fortune 500 list of companies
- Dollar General generated $40.6 billion in 2024 fiscal year sales, a 4.9% increase from the previous year
- Dollar General currently operates over 20,500 stores nationwide, making it the country’s largest small-box discount retailer
FOR SALE DETAILS
PRICE
$2,247,000 USD
PRICE/SF
$211 USD /SF
CAP RATE
6.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
36
LAND DETAILS
LAND ACRES
1.17 AC
LAND SF
50,965 SF
ZONING
C
APN/PARCEL ID
-
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415-307-9010
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415-307-9010
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