3228 US-64 - Freestanding FOR SALE


Waterflow, NM 87421
$1,443,300 USD
424-261-7308
3228 US-64, Waterflow, NM for Sale
$1,443,300 USD
Freestanding - FOR SALE
1/3
null | 6.98% Cap Rate

3228 US-64
Waterflow, NM 87421


HIGHLIGHTS

  • Absolute NNN lease with ±10.5 years remaining and zero landlord responsibilities.
  • Corporate-guaranteed lease by Dollar General (S&P: BBB), a Fortune 500 company.
  • Attractive 7.00% cap rate with $100,776 annual NOI and $1,443,300 list price.
  • Modern 2021 build-to-suit construction with 9,100 SF prototype design.
  • Strategic location near Navajo Nation with limited direct competition.
  • Three 5-year renewal options with 10% rental increases at each option.

OVERVIEW

Brian Brockman Bang Realty-New Mexico, Inc. License # 9568, 20241 (NM) 2939 Vernon Place, Cincinnati, OH 45219 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,443,300 USD

PRICE/SF

$155 USD /SF

CAP RATE

6.98%

% 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

2021

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

-

APN/PARCEL ID

2094173138178

ASK ABOUT THIS PROPERTY

Brett BeersMatthews Real Estate Investment ServicesMore Info
424-261-7308

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Brett BeersMatthews Real Estate Investment ServicesMore Info
424-261-7308

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