3228 Highway 64, Waterflow, NM, 87421
Dollar GeneralKey Information
Highlights
• Investment-Grade Credit Tenant – Corporate-guaranteed lease from Dollar General Corp. (S&P: BBB), a publicly traded Fortune 500 company (NYSE: DG).
• Absolute NNN Lease Structure – Zero landlord responsibilities, providing truly passive ownership.
• Strong Market Position with Limited Competition – Strategically located in a supply-constrained trade area with limited direct competition.
• Attractive Yield – Offers an above-market return relative to comparable net lease investments.
• Recession-Resilient & E-Commerce Resistant Retailer – Dollar General’s essential, value-oriented business model has demonstrated durability across economic cycles.
• Long-Term Lease Security – Approximately ±10.5 years of remaining primary term, plus 3, five-year renewal options with 10% rental increases at each option.
• Recent Build-to-Suit Construction (2021) – Modern prototype design with minimal near-term capital expenditure risk.
• Strategic Location – Situated near the Navajo Nation, one of the largest Native American reservations in the United States, serving a broad and stable consumer base.
Photos


