Dollar General NNN Investment Sale

$2,350,000

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.