3228 US-64 - Freestanding FOR SALE
Waterflow, NM 87421 |
$1,443,302 USD
310-579-9692
3228 US-64
Waterflow, NM 87421
HIGHLIGHTS
- Investment-Grade Credit Tenant – Corporate-guaranteed lease from Dollar General Corp. (S&P: BBB), a publicly traded Fortune 500 company (NYSE: DG).
- Absolute NNN Lease Structure – Zero landlord responsibilities, providing truly passive ownership.
- Strong Market Position with Limited Competition – Strategically located in a supply-constrained trade area with limited direct competition.
- Attractive Yield – Offers an above-market return relative to comparable net lease investments.
- Recession-Resilient & E-Commerce Resistant Retailer – Dollar General’s essential, value-oriented business model has demonstrated durability
- Long-Term Lease Security – Approximately ±10.5 years of remaining primary term, plus 3, five-year renewal options with 10% rental increases
FOR SALE DETAILS
PRICE
$1,443,302 USD
PRICE/SF
$159 USD /SF
CAP RATE
7%
% 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
Please correct the highlighted field(s).
310-579-9692
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
310-579-9692
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
