Dollar General Romeo, CO

222 Main St
Romeo, CO

Price: $1,477,000
Cap Rate: 6.50%
NOI: $95,989
Building Size: Approx. 9,100 Sq. Ft.
Lot Size: Approx. 0.723 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2020

Investment Overview

  • 2020 Construction. 9,100+/- SF Building on 0.723+/- Acre Site
  • New 15-Year Corp Abs NNN Lease w/ 10% Rent Bump in Options
  • Located along U.S. Hwy 282 and Main St, in the heart of Romeo
  • Subject property will benefit due to limited retail competition nearby
  • Romeo is a community in Alamosa County, main hub for retail & services
  • Home to Cattails Golf Course | Adams State University | Rio Grande Scenic Railroad
  • Local Attractions: Alamosa National Refuge | Great Sand Dunes National Park
  • 3-Hours Equal distant, North of Albuquerque, NM & SW of Colorado Springs, CO