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3228 US-64
Waterflow, NM 87421

$1,443,300 USD

Freestanding For Sale  •  9,310 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,100 SF
  • Lot Size 0.97 AC
  • Building Class C
  • Year Built 2021
  • Cap Rate 6.98 %
  • Tenancy Single
10 Walk Score

Highlights

Absolute NNN lease with ±10.5 years remaining and zero landlord responsibilities.
Corporate-guaranteed lease by Dollar General (S&P: BBB), a Fortune 500 company.
Attractive 7.00% cap rate with $100,776 annual NOI and $1,443,300 list price.
Modern 2021 build-to-suit construction with 9,100 SF prototype design.
Strategic location near Navajo Nation with limited direct competition.
Three 5-year renewal options with 10% rental increases at each option.
Cap Rate: 6.98 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General

Amenities

  • Signage
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Brett Beers 424-261-7308 Matthews Real Estate Investment Services
Brett Beers 424-261-7308 Matthews Real Estate Investment Services