Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Dollar General 313 Big Horn Ave 12,480 SF Retail Building Worland, WY 82401 $2,859,000 ($229.09/SF) 6.25% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • New 15-year absolute NNN lease to Dollar General, a major national tenant with over 20,000 locations nationwide
  • 5% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.
  • Lease is guaranteed by Dollar General Corporation, with over $40 billion in 2024 revenue – a very strong corporate guarantee.
  • Dollar General Market offers a wide range of products, including groceries, household essentials, personal care items, and much more.
  • Absolute NNN lease requires no landlord management, including all maintenance responsibilities, ideal for both local and out-of-area investors
  • Dollar General plans significant expansion in 2025, including opening 575 new stores in the U.S. and up to 15 in Mexico.

EXECUTIVE SUMMARY

Located on Big Horn Avenue, Worland’s primary east-west thoroughfare, this property enjoys high visibility and strong exposure to both local and commuter traffic. The lease is guaranteed by Dollar General Corporation, which reported over $40 billion in revenue in 2024. Worland serves as a staging area for travelers visiting nearby attractions, including Yellowstone National Park, Black Hills National Forest, and Bridger-Teton National Forest. The absolute NNN lease requires no landlord management or maintenance responsibilities, making it ideal for both local and out-of-area investors. Built in 2025 to the latest Dollar General Market prototype, the 12,480-SF building is designed to accommodate an expanded range of convenience store-type items. Projected population and income growth within 1-, 3-, 5-, 10-, 15-, and 20-mile radii over the next five years supports steady, concurrent growth for both the Dollar General Market and the Worland area.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
12,480 SF
Building Class
C
Year Built
2025
Price
$2,859,000
Price Per SF
$229.09
Cap Rate
6.25%
NOI
$178,688
Tenancy
Single
Building Height
1 Story
Parking
35 Spaces (2.8 Spaces per 1,000 SF Leased)

NEARBY MAJOR RETAILERS

Bank of Montreal
U.S. Bank
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
47932521500900
Land Assessment
$4,418
Improvements Assessment
$0
Total Assessment
$4,418
  • Listing ID: 37321052

  • Date on Market: 8/18/2025

  • Last Updated:

  • Address: 313 Big Horn Ave, Worland, WY 82401

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}