1266 Sumner Ave Fort Sumner, NM 88119

Building Details

Year Built

2024

Listing Agency Bang Realty b***@fortisnetlease.com Show Phone

Listed by Bryan Bender · License #701472 Show Phone

Source Fortisnetlease

Added: Nov 21, 2025 Checked: Jul 17 at 6:00 am

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Investment Insights

Based on property information with market context.

This newly constructed Dollar General Plus store, built in 2024, is located in Fort Sumner, New Mexico. The property features a 10,640 square foot building and is secured with a 15-year absolute NNN lease, leaving zero landlord responsibilities. The lease includes 5% rental rate increases every 5 years, including at each of the five 5-year renewal options. The lease is corporately guaranteed by Dollar General Corporation, which holds an investment-grade credit rating of "BBB". The store opened in June 2024. The property is positioned on the corner of Avenue G & 16th Street, just off Highway 60, with high visibility and traffic of 5,925 cars per day. It is easily accessible from both streets with two points of ingress/egress. The surrounding area has a 10-mile population of 1,322 and a 3-mile average household income of $45,457. The property offers an ideal opportunity for a 1031 exchange buyer or a passive investor to attain fee simple ownership of Dollar General. The investment offers continued success due to the financial strength and proven profitability of the tenant.

Key Highlights

• 15‑Year Absolute NNN Lease with Zero Landlord Responsibilities: Enjoy a completely passive investment.
• Investment Grade Tenant (Dollar General with "BBB" Credit Rating): Offers a secure and reliable income stream.
• New 2024 Build‑to‑Suit (BTS) Dollar General Plus Store: Minimizes potential maintenance costs.

Property Analytics

Property Profile Location Intelligence

Similar Off Market Nearby

• Dave's Grocery — 681 4th St, Fort Sumner, NM 88119

FAQs

What type of property is this?

Grocery and convenience store - New Dollar General in Fort Sumner, NM with long-term lease.

Where is this grocery and convenience store located?

The property is located at 1266 Sumner Ave Fort Sumner, NM.

What is the lease rate?

The lease rate is $1,866,324.

What are key features of this property?

This property features: 15‑Year Absolute NNN Lease with Zero Landlord Responsibilities: Enjoy a completely passive investment.; Investment Grade Tenant (Dollar General with "BBB" Credit Rating): Offers a secure and reliable income stream.; New 2024 Build‑to‑Suit (BTS) Dollar General Plus Store: Minimizes potential maintenance costs.