Dollar General Plus
Single-Tenant Offerings
Dollar General Plus
17131 N Frontage Road
Log Lane Village (Fort Morgan), CO
- Price:
- $2,135,000
- Cap Rate:
- 6.75%
- NOI:
- $144,126
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2024
- Lot Size:
- 1.13 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 20,000+ Stores
- Brand New ‘Plus’ Store with Upgraded Design, Oversized Parcel
- Serving Over 28,500 Residents in Growing Morgan County
- Strong Average Household Incomes in Excess of $76,000 within 3 and 5 Miles
- Just Off I-76 with 18,000 Cars/Day, Direct Access to Downtown Denver
- 1.5 Miles to St. Elizabeth Hospital Serving All Surrounding Communities
- Near Several K-12 Schools with 3,400+ Students and Morgan Community College with 1,462 Students
- Close Proximity to Pawnee National Grasslands with Millions of Visitors Annually
- Minutes to Jackson Lake State Park with Over 333,000 Visitors Annually
- East of the Rocky Mountain National Park (4.5 Million Visitors/Year) and ARP National Forests (7.5 Million Visitors/Year)
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