366 Santa Fe Avenue
Alamosa, CO
Price:
$2,020,500
Cap Rate:
5.80%
NOI:
$117,180
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 0.89 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2022
Investment Overview
- 2022 Construction. 9,100+/- SF Building on 0.89+/- Acre Site
- Brand New 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in 3 Option Periods
- Subject Property Ideally Situated Along the Major Thoroughfare US Hwy 160 (14.5K VPD)
- Location is Less Than 2 Miles from Adams State University (3,000+ Students)
- Dollar General is the Country’s Largest Small-Box Discount Retailer | E-Commerce Resistant
- Dollar General Completed More Than 1,750 Store Remodels in 2021 & Plans for More in 2022
- Alamosa | County Seat of Most Populous Municipality of Alamosa County | Population: 9,000+