Tse Bonito, NM
Price:
$2,164,971
Cap Rate:
7.00%
NOI:
$151,548
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 0.17 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2025
Investment Overview
- 2025 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+