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Dollar General 30 RD AND EAST RD. 10,542 SF Retail Building Grand Junction, CO 81504 $2,331,000 ($221.12/SF) 6% Cap Rate
Investment Highlights
- Located in Grand Junction, the largest city and economic hub of Colorado’s Western Slope
- Placer.ai store visits are up 23% year-over-year
- 5% rental increases every five years (next on 6/1/2028)
- Top performing location on Placer.ai ranking #11 in Colorado and 90th percentile in U.S.
- Long-term lease with approximately 12 years remaining
- Extremely densely populated with over 68,000 people living within three miles
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
10,542 SF
Building Class
B
Year Built
2023
Price
$2,331,000
Price Per SF
$221.12
Cap Rate
6%
NOI
$139,886
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.50 AC
Opportunity Zone
Yes
Zoning
B-1
Parking
42 Spaces (3.98 Spaces per 1,000 SF Leased)
Frontage
543’ on 30 1/4 Road
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
Somewhat walkable
20/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 2943-162-00-218 | Improvements Assessment | $449,850 |
| Land Assessment | $256,690 | Total Assessment | $706,540 |
Property Taxes
Parcel Number
2943-162-00-218
Land Assessment
$256,690
Improvements Assessment
$449,850
Total Assessment
$706,540
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