Dollar General La Jara, CO

19620 US Hwy 285
La Jara, CO

Price: $2,046,000
Cap Rate: 5.25%
NOI: $107,401
Building Size: Approx. 10,640 Sq. Ft.
Lot Size: Approx. 1.61 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2022

Investment Overview

  • 2022 Construction. 10,640+/- SF Building on 1.61+/- Acre Site
  • 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in (3) Option Periods
  • Subject Property Ideally Situated Along the Major Thoroughfare Hwy 285 (6.5K VPD)
  • Location is Near Centauri High School and Conejos County Hospital in La Jara
  • 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
  • La Jara  |  Nestled in the Rio Grande National Forest  |  Median HH Income Increased 7% in 2021

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