Dollar General Calhan, CO

1250 5th St
Calhan, CO

Price: $1530000
Cap Rate: 6.40%
NOI: $97,924
Building Size: Approx. 9100 Sq. Ft.
Lot Size: Approx. 1.27 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2017

Investment Overview

  • 2017 Construction. 9,100+/- SF Building on 1.27+/- Acre Site
  • 15-Year Absolute Corp NNN Lease beginning September 2017
  • Located along the main thoroughfare State Highway (5K VPD)
  • Property will benefit as the ONLY product variety store in Calhan
  • Just 34-Miles N from Colorado Spring | 84-Miles S from Denver
  • Attractions: Pikes Peak | Garden of the Gods | Seven Falls
  • Drivers: Military & Tourism is a major player in the local county
  • 3-Mile: 2.5% Ann Growth (2017-2022)| Avg HH Income:  $70,803
  • Developers are bullish on Colorado, more speculative space is planned

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