287 And Adams St, Eads, CO 81036
10,640 SF | Retail Building | Eads, CO 81036 | $2,368,000 ($223/SF) | 6.50% Cap Rate
For Sale
Active
Asking Price $2,368,000
- Property Type
-
Retail
- Square Feet
- 10,640 SF
- Price / Square Foot
- $223
Listing Contacts
Justin Stark
Zandy Smith
Property Overview
A brand new Dollar General on a 15-year absolute NNN lease backed by a corporate guaranty (NYSE: DG) with four, 5-year options to extend. The subject property is strategically located on US 287.
Property Details
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 50,965 SF
Highlights
- New 2024 Construction with extremely rare rental increases during the primary term
- Brand-new 15-y ear lease with five, 5-year options to extend. 5% rental increases every 5-years during the primary term and option periods.
- The lease is backed by a corporate guaranty from Dollar General, #91 on the Fortune 500 list of companies
- Absolute NNN lease structure features zero Landlord expense or maintenance obligations, providing an investor with a “hands-off” investment
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