Log In/Sign Up
Your email has been sent.
Dollar General Waterflow NM 3228 US 64 9,100 SF 100% Leased Retail Building Waterflow, NM 87421 $1,440,000 ($158.24/SF) 6.95% Cap Rate



EXECUTIVE SUMMARY
LISTING BROKER
Jennifer Stein Real Estate, Inc.
Jennifer Stein, Broker.
213-446-5366
Jstein@jenniferstein-realestate.com
WaterflowNM@jdsreservices.com
NM License: 10003
Price $1,440,000
Cap Rate 7.0%
Building Size 9,100 SF
Net Cash Flow 7.0% $100,776
Year Built 2021
Lot Size 0.97 Acres
LEASE SUMMARY
Lease Type Absolute Triple-Net (NNN) Lease
Tenant Dollar General
Guarantor Corporate
Lease Commencement Date August 1, 2021
Lease Expiration Date August 31, 2036
Lease Term Remaining 12 Years
Rental Increases 10% in Each Renewal Option
Renewal Options 3, 5 Year Options
Right of First Refusal None
Jennifer Stein Real Estate, Inc.
Jennifer Stein, Broker.
213-446-5366
Jstein@jenniferstein-realestate.com
WaterflowNM@jdsreservices.com
NM License: 10003
Price $1,440,000
Cap Rate 7.0%
Building Size 9,100 SF
Net Cash Flow 7.0% $100,776
Year Built 2021
Lot Size 0.97 Acres
LEASE SUMMARY
Lease Type Absolute Triple-Net (NNN) Lease
Tenant Dollar General
Guarantor Corporate
Lease Commencement Date August 1, 2021
Lease Expiration Date August 31, 2036
Lease Term Remaining 12 Years
Rental Increases 10% in Each Renewal Option
Renewal Options 3, 5 Year Options
Right of First Refusal None
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
9,100 SF
Year Built
2021
Price
$1,440,000
Price Per SF
$158.24
Cap Rate
6.95%
NOI
$100,126
Percent Leased
100%
Building Height
1 Story
Building FAR
0.22
Lot Size
0.97 AC
PROPERTY TAXES
| Parcel Number | 2094173138178 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $385,205 |
PROPERTY TAXES
Parcel Number
2094173138178
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$385,205
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Research In Progress
Dollar General Waterflow NM | 3228 US 64
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
