Matthews Logo

Navigation Menu

17880 Hwy 96, Ordway, CO, 81063

Dollar General

$2,496,308

Key Information

Cap Rate
6.5%
Tot. SF
10,640
Year Built
2026
Term Remaining
± 15 Years
Type
Retail
Occupancy
100%
NOI
$162,260

Highlights

• 2026 built-to-suit construction for Dollar General
• 15 year ABS NNN lease with 5% increases every 5 years in base term + options
• Subject property is less than 50 miles from Pueblo and 92 miles from Colorado Springs
• Average household income of $71,773, which is considered to be in the income “sweet spot” for discount retailers
• Dollar General operates ±21,000 locations and plans to continue their expansion for the foreseeable future
• Dollar General has an investment-grade credit rating of BBB (S&P)
• Dollar General was considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
• Dollar General has a market cap of ±25 billion

Photos

Location

Agents

Broker of Record

Brayden Conner

License # ER.100106933, EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203