Dollar General Alamosa, CO

366 Santa Fe Avenue
Alamosa, CO

Price: $2,232,000
Cap Rate: 5.25%
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+