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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

112 Garfield Ave Moffat, CO 81143

9,100 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 9,100 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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