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Dollar General 3228 US-64

9,100 SF Retail Building Waterflow, NM 87421 $1,440,000 ($158/SF) 7% Cap Rate

Retail Space New Mexico Waterflow 3228 US-64, Waterflow, NM 87421

Investment Highlights

  • Absolute Triple-Net (NNN) Corporate Lease with Approx. 12 Years Remaining
  • High-Quality 2021 Construction
  • Dollar General’s Net Sales Increased 2.2% to $38.7 Billion in 2023
  • 10% Rental Increases in Each of Three, Five-Year Renewal Options
  • High Demand Location | Main “Everyday Goods” Retailer for Nearby Navajo Reservation

Attachments

Dollar General_Waterflow, NM_Marketing Package

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,100 SF
Year Built
2021
Price
$1,440,000
Price Per SF
$158
Cap Rate
7%
NOI
$100,776
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.97 AC
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3228 US-64, Waterflow, NM - aerial map view - Image1
3228 US-64, Waterflow, NM - aerial map view - Image2
(602) 687-6700

Contact

  • Listing ID: 33232359

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: 3228 US-64, Waterflow, NM 87421

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Dollar General | 3228 US-64
(602) 687-6700 x

Dollar General | 3228 US-64

Ryan Sarbinoff

(602) 687-6700

(602) 687-6700

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