1740 E Broad St - Freestanding FOR SALE


Milliken, CO 80543
$1,243,875 USD
513-300-0763
1740 E Broad St, Milliken, CO for Sale
$1,243,875 USD
Freestanding - FOR SALE
1/25
null | 7.25% Cap Rate

1740 E Broad St
Milliken, CO 80543


HIGHLIGHTS

  • • Recent Dollar General Improvements: Renovated in 2024, signaling long-term commitment to the site.
  • • Residential surroundings & Strong demographics: $114,977 average HHI within a 1-mile radius.
  • • Established Location: Longstanding Dollar General built in 2007 and renovated in 2024 - proven performance and strong community presence.
  • • Expanding Trade Area: Located in a high-growth corridor near I-25 with strong residential and commercial development driving retail demand.
  • • New Roof & Warranty: Roof replaced two years ago with an active 8-year warranty, minimizing future capital exposure.

OVERVIEW

Introducing the exceptional DOLLAR GENERAL PROPERTY at 1740 BROAD ST, SUITE C, MILLIKEN, CO 80543. This prime investment opportunity boasts a recently renovated Dollar General store, showcasing a long-term commitment and surrounded by high-income households with an average household income of $114,977 within a 1-mile radius. The property's established presence since 2007, along with a strong community following, reaffirms its reliability. Located in a high-growth corridor near I-25, witnessing substantial residential and commercial development, the Dollar General Property offers a solid foundation for retail demand. Noteworthy features include a new roof with an active 8-year warranty, reducing future capital exposure. With Dollar General Corporation as the corporate guarantor, this single-tenant property presents a lucrative leasing opportunity. The lease, offering two 5-year options with 10% rent increases, secures a steady income stream. Don't miss out on this attractive investment with a $1,243,875 listing price and a 7.25% CAP rate generating a $90,181 NOI annually.

FOR SALE DETAILS

PRICE

$1,243,875 USD

PRICE/SF

$138 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - Milliken CO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

PUD

APN/PARCEL ID

R6777713

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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