New Development New Mexico Dollar General - 7.25% CAP

387 W Blair Ave., Columbus, NM 88029

  • For Sale $1,435,035
  • Property Type Retail - Freestanding
  • Property Size 10,640 SF
  • Units 1
  • Lot Size 1.16 Acre
  • Property Tenancy Single Tenant
  • Year Built 2022
  • Date Updated Mar 21, 2024
TBDTrinity Real Estate Investment Services is pleased to present the opportunity to acquire a new development Dollar General in Columbus, NM. Rent commenced in March of 2022. Broker of Record - Brian Brockman - Bang Realty-New Mexico Inc. - NM#20241

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Highlights

  • New Development Dollar General Build With 13+ Years Remaining on Lease
  • Absolute NNN Requiring Zero Landlord Responsibilities
  • Larger “Plus” Size 10,640 SF Prototype Built to Accommodate Higher Projected Sales
  • Limited Local Retail Competition - Closest Dollar Store is Over 3 Miles Away
  • Dollar General is an Investment Grade Tenant With an S&P Credit Rating of BBB (the Same as Walgreens)

Contacts

broker

Branson Blackburn

Trinity Real Estate Investment Services

(682) 233-5223

Location

Getting Around

  • Walk Score ®

    19/100 Car-Dependent
  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Columbus, NM
  • Zip Code 88029

Points of Interest

  • The Pink Store

    3.70 miles

  • San Jose Store and Cantina

    0.51 miles

  • Del Rio Supermarket

    3.67 miles

Frequently Asked Questions

What is the lease rate for New Development New Mexico Dollar General - 7.25% CAP?

Rental asking rate at New Development New Mexico Dollar General - 7.25% CAP is $717,517.50/YR.

What is the total square footage of New Development New Mexico Dollar General - 7.25% CAP?

New Development New Mexico Dollar General - 7.25% CAP totals 10,640 square feet.

When was this property built?

New Development New Mexico Dollar General - 7.25% CAP was built in 2022.

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Contact Listing Broker

broker

Branson Blackburn

Trinity Real Estate Investment Services

(682) 233-5223