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    New Development Dollar General Title is generated by Realmo AI

    387 Blair St, Columbus, NM

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    New Dollar General in Columbus, NM with long-term lease.

    Type:RETAIL
    Property size:
    10,640 SF
    Lot size:
    1.42 Acres
    Price / SF:
    $130/SF
    Added:
    Dec 15, 2023
    Days on Market:
    913
    Last Refresh:
    May 20 at 8:09 pm

    Property Features for 387 Blair St

    General Information

    Standard status
    Active
    Size
    10,640 SF
    Lot size
    1.42 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Branson Blackburn

    Listing agent Chance Hales License #TX 697980

    Listing office Trinity Real Estate Investment Services - Corporate

    Listing date Dec 15, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services - Corporate

    HighLights

    • New development Dollar General with 12+ years remaining on lease
    • Absolute NNN lease requiring zero landlord responsibilities
    • Investment grade tenant with an S&P credit rating of BBB
    • Larger "Plus" size 10,640 SF prototype
    • Built to accommodate higher projected sales
    • Limited local retail competition - closest dollar store is over 3 miles away

    Overview

    This property features a newly developed Dollar General in Columbus, NM. The lease commenced in March 2022 and has over 12 years remaining. Constructed as a larger "Plus" size prototype, the building encompasses 10,640 square feet, designed to accommodate higher projected sales. The lease is absolute NNN, requiring zero landlord responsibilities. The tenant, Dollar General, is an investment-grade tenant with an S&P credit rating of BBB. Limited local retail competition exists, with the closest dollar store being over 3 miles away.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Columbus
    County
    Luna
    State
    New Mexico
    Longitude
    -107.64
    Latitude
    31.8276

    FAQs

    What type of property is this?
    Specialty property - New Dollar General in Columbus, NM with long-term lease.
    Where is this specialty property located?
    The property is located at 387 Blair St Columbus, NM.
    What is the asking price?
    The asking price for this property is $1,387,200.
    What are key features of this property?
    This property features: New development Dollar General with 12+ years remaining on lease; Absolute NNN lease requiring zero landlord responsibilities; Investment grade tenant with an S&P credit rating of BBB
    (817) 304-8916 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Branson Blackburn
    Real Estate License ID: TX 697980
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