112 Garfield Ave Moffat, CO 81143
This exceptional investment opportunity presents a 9,100 square foot Dollar General store in Moffat, Colorado, listed at $1,410,000 with a 6.50% cap rate. The property, built in 2019, boasts a prime location at the intersection of Colorado Highway 17 and Garfield Ave, serving as the sole retail outlet for a significant radius. The absolute NNN lease, with zero landlord responsibilities, features a 15-year initial term and three 5-year renewal options, each with a 10% rent increase. The lease is corporately guaranteed by Dollar General Corporation, a Fortune 500 company (ranked 108th) with an investment-grade S&P credit rating of "BBB". This strategically positioned store benefits from high visibility and caters to a captive market, given the nearest alternative retail store is 37 miles away in Alamosa. The property's strong tenant, long-term lease, and minimal management requirements make it an attractive investment with significant potential for future growth. The asking price per square foot is $154.95. This is a low-maintenance, newly constructed building offering a secure and profitable investment opportunity. The current lease has 11 years remaining on the initial term.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.