Property Gallery
Property Description
$935,000
Located just off Hwy. 50 on the eastern side of Lamar, Colorado, this 10,276 sq. ft. Dollar General store comes to the market as an investment offering. Dollar General has a newly signed lease with a term from 08/01/2023 and expires on 07/31/2028. The commencement rate is $4,452.00/mo. NNN. There are two (2) options to renew at 5-year terms, each with a 6% escalation. There is also a small rental office next to Dollar General that procures an additional $600/mo. in rent. It is a flat rental rate.
New roof recently installed.