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Dollar General

3228 US-64, Waterflow, NM 87421

Listing Price: $1,440,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
11.9
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$158.24
Lease Type
Absolute Net
Rent Per Square Feet
$11.07

Investment Overview

Dollar General Corporation (NYSE: DG) has been delivering value to shoppers for over 84 years. Dollar General helps shoppers save money and time every day by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations.
Waterflow is a community in San Juan County, New Mexico. Located on the north side of the San Juan River, Waterflow is immediately west of Fruitland and north across the river from the Navajo Nation.

Investment Highlights

  • Absolute Triple-Net (NNN) Corporate Lease with Approx. 12 Years Remaining
  • 10% Rental Increases in Each of Three, Five-Year Renewal Options
  • High-Quality 2021 Construction
  • High Demand Location | Main "Everyday Goods" Retailer for Nearby Navajo Reservation
  • Dollar General's Net Sales Increased 2.2% to $38.7 Billion in 2023

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

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Dollar General

Listing Price: $1,440,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
11.9
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$158.24
Lease Type
Absolute Net
Rent Per Square Feet
$11.07

Investment Highlights

  • Absolute Triple-Net (NNN) Corporate Lease with Approx. 12 Years Remaining
  • 10% Rental Increases in Each of Three, Five-Year Renewal Options
  • High-Quality 2021 Construction
  • High Demand Location | Main "Everyday Goods" Retailer for Nearby Navajo Reservation
  • Dollar General's Net Sales Increased 2.2% to $38.7 Billion in 2023

Investment Overview

Dollar General Corporation (NYSE: DG) has been delivering value to shoppers for over 84 years. Dollar General helps shoppers save money and time every day by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. Waterflow is a community in San Juan County, New Mexico. Located on the north side of the San Juan River, Waterflow is immediately west of Fruitland and north across the river from the Navajo Nation.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

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