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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3228 Us-64 Waterflow, NM 87421

9,100 SF 0.97 ac lot Built 2021
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 9,100-square-foot Dollar General store in Waterflow, New Mexico. Built in 2021, this property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $100,776. The absolute triple-net (NNN) lease with Dollar General Corporation, a publicly traded company (NYSE: DG), provides a corporate guarantee and extends until August 30, 2036, with three, five-year renewal options, each including a 10% rent increase. Situated on a 0.97-acre lot at 3228 US-64, Waterflow, NM 87421, this location benefits from high visibility and accessibility along US Highway 64, serving as a primary retail destination for everyday goods, particularly for the nearby Navajo Nation. The property's 100% occupancy and high-quality construction further enhance its investment appeal. This is a rare chance to acquire a stable, high-performing retail asset with significant long-term growth potential. The lease commenced July 31, 2021. The property's strategic location and the tenant's financial strength make this an attractive investment for discerning buyers seeking a secure and profitable addition to their portfolio.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2021
Total area 9,100 SF
Lot 0.97 ac (42,253 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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