Dollar General | 121 S Washington St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Dollar General 121 S Washington St
12,697 SF Retail Building Afton, WY 83110 $2,719,000 ($214/SF) 6.25% Cap Rate
Investment Highlights
- New 15-year absolute NNN lease to major national tenant with over 19,000 locations nationwide
- Zero landlord management obligation with tenant responsible for taxes, insurance, and all maintenance including roof and structure
- Lease is guaranteed by Dollar General Corporation, over $37 billion in 2023 revenue – very strong corporate guarantee
- Property provides ideal investment opportunity to passive and out of area investors
Executive Summary
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
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
12,697 SF
Building Class
B
Year Built
2024
Price
$2,719,000
Price Per SF
$214
Cap Rate
6.25%
NOI
$169,919
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.75 AC
Parking
45 Spaces (3.54 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Learn More About Investing in Retail Properties
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar General | 121 S Washington St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.