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150 County Road, Bayfield, CO, 81122

Dollar General
Closed

Key Information

Cap Rate
7.2%
Tot. SF
9,100
Year Built
2017
Term Remaining
±7 YRS
Type
Retail

Highlights

  • National Credit Tenant – Dollar General operates approximately 21,000 locations nationwide, reinforcing its position as a leading discount retailer with substantial brand recognition and market penetration.
  • Investment Grade Credit – Backed by a corporate guarantee, Dollar General carries a BBB credit rating from Standard & Poor’s, indicating strong financial stability and reduced credit risk.
  • Absolute Triple Net (NNN) Lease – The lease structure requires the tenant to cover all operating expenses, including taxes, insurance, and maintenance, providing investors with passive, management-free income.
  • High-Income Trade Area – The surrounding area features an average household income of $100,435 within a 5-mile radius, indicative of a financially stable and affluent consumer demographic.
  • Well-Positioned Commercial Node Along Highway 160 – The property benefits from proximity to U.S. Highway 160, the commercial spine of Bayfield, as evidenced by the approval of Tractor Supply’s site plan at nearby 370 Bayfield Center Drive—signaling strong traffic count and visibility.
  • Institutional Development Support & Planned Infrastructure – Recent master planning—including a 2023 Comprehensive Plan and ongoing development projects such as the Bayfield Early Education Program annexation and zoning review—highlight proactive municipal planning and capacity for growth.

Photos

Location

Agents

Broker of Record

Brayden Conner

License # EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203