131 Main St Naturita, CO 81422-5082
This exceptional investment opportunity presents a single-tenant, absolute triple-net (NNN) leased property occupied by a Family Dollar store in Naturita, Colorado. The 2014-built, 100% occupied building boasts a strong corporate guarantee from Dollar Tree, Inc. (which acquired Family Dollar in 2015), a credit-rated investment-grade tenant. The lease, commencing July 31, 2014, and expiring June 29, 2029, has a remaining term of five years, with six, five-year renewal options. Rent increases are tied to the Consumer Price Index (CPI), capped at 6% every three years, providing excellent inflation protection. The property generates a substantial net operating income (NOI) of $85,972, resulting in an attractive 7.50% capitalization rate. Strategically located on Highway 141, a major thoroughfare connecting Colorado and Utah, the property benefits from high visibility and limited competition as the only dollar store in Naturita. The asking price is $1,146,293. This is a rare opportunity to acquire a well-performing, low-maintenance retail investment with a highly creditworthy tenant and significant upside potential.
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Family Dollar Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.