Dollar General NNN Investment Sale

Property Description


Located in Garfield County of Western Colorado approx. 30 miles NE of Grand Junction, sits this Dollar General investment sale. This net leased property currently offers an NOI of $130,764 with a 5.56% cap rate. The 15-year lease started in February 2019, and has three (3), 5-year options to renew at 10% increases each. Situated alongside the Colorado River and Interstate 70, Parachute has approx. 1,800 residents with a median income of $49,302.


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