861 S Hwy 50 Business Loop
Olathe, CO
Price:
$1,686,000
Cap Rate:
5.50%
NOI:
$92,719
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 1.39 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2021
Investment Overview
- 2021 Construction. 9,100+/- SF Building on 1.39+/- Acre Site
- New 15 Yr. Corporate Absolute NNN Lease w/ 10% Rent Bumps Every 5 yrs
- Dollar General is the Country’s Largest Small-Box Discount Retailer
- Near Family Dollar, True Value, Subway, USPS
- Strong Income Demos with $66,269 within a 5-mile Radius
- Olathe | Located in Montrose County | Population: 1,800+