305 4th St
Las Animas, CO 81054
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- OVER 10.50 YEARS REMAINING: On the primary term including Three, 5-Year options with 10% rental increases in the option periods.
- TRIPLE NET LEASE: Perfect asset for an investor looking for a long term asset with no management responsibilities.
- STRATEGIC POSITIONING: Strong positioning within the local market exposed to over 5,500 Vehicles Per Day (VPD).
- INVESTMENT GRADE CREDIT: Corporate Guarantee by Dollar General Corporation, a Fortune 100 company (S&P: BBB).
- LIMITED COMPETITION: Over 23 miles away from the nearest Walmart (La Junta, CO).
- TARGET MARKET DEMOGRAPHICS: For Dollar General, with limited competition and desirable household income.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.80 AC
Zoning
C1
Parking
12 Spaces (1.32 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 010-05345 | Improvements Assessment | $121,319 |
| Land Assessment | $9,176 | Total Assessment | $130,495 |
