Dollar General New Mexico 264, NM

New Mexico 264, NM

Price: $2,332,905
Cap Rate: 6.85%
NOI: $159,804
Building Size: Approx. 9,100 Sq. Ft.
Lot Size: Approx. 0.17 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built / Renovated: 2024 / 1800

Investment Overview

  • 2024 Construction. 9,100+/- SF Building on 1.17+/- Acre Site
  • 15-Year Complete NNN Lease w/ Zero LL Responsibilities, 5% Rental Increases Every 5 Years & (5) 5-Year Options to Renew
  • Located on New Mexico Highway 264, Which Sees Over 40,000 Vehicles Per Day
  • One Mile from Window Rock Airport, a Public Airport Owned by the Navajo Nation that Covers 88 Acres and has 800 Flights/Year
  • Within Close Proximity To Major National Retailers Such As McDonalds, KFC, Taco Bell, Family Dollar, O’Reilly, Napa, etc.
  • E-Commerce Resistant Retailer – Dollar General Planned to Open 1,050 Stores in 2023 After Adding Approximately 1,100 Stores in 2022
  • Tse Bonito | Located in the Navajo Nation – Largest Reservation in the U.S. | Navajo Population: 400,000+

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