Dollar General Waterflow, NM

3228 U.S. 64
Waterflow, NM

Price: $1,450,014
Cap Rate: 6.95%
NOI: $100,776
Building Size: Approx. 9,100 Sq. Ft.
Lot Size: Approx. 0.97 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2021

Investment Overview

  • 2021 Construction. 9,100+/- SF Building on 0.97+/- Acre Site
  • 13 Years of Term Remaining on a Complete NNN Lease with 10% Rental Increases in Option Periods With (3) 5-Year Options to Renew
  • Subject Property is Located Directly off US Hwy 64, Which Has 15,000+ VPD and is the City’s Primary Traffic Corridor
  • The Store is Strategically Situated Near Navajo Nation & is the First Private Land & Services Available as You Travel East of the Reservation
  • The Site is Located 20 Miles South of Mesa Verde National Park in Colorado, the Largest Archaeological Preserve in the U.S.
  • Dollar General Added More Than 1,100 Stores in 2022 & Plans to Build 1,050 More in 2023
  • Waterflow |  15 Miles From Farmington, NM, “The Retail Hub of the Four Corners Region  |  Population: 120,485+