4651 Butler Ave Farmington, NM 87401

This exceptional investment opportunity presents a brand-new, 10,640 square foot Dollar General store located at 4651 N Butler Ave, Farmington, NM 87401. Built in 2024, this single-tenant, net-lease property sits on a 1.7-acre lot and boasts a 15-year lease with five 5-year options, expiring October 30, 2039. The lease includes attractive 5% rent bumps every 5 years, ensuring consistent income growth. The property offers a compelling 6.50% cap rate and a price per square foot of $213.82, totaling an asking price of $2,275,000. This large-format "Plus" store design serves a substantial 5-mile population of 47,852. The investment-grade tenant, Dollar General, is rated "BBB," providing significant financial stability. This is a truly passive investment opportunity with no landlord responsibilities. The property's strong tenant, long-term lease, and built-in rent increases make it an ideal addition to any portfolio. This is a rare opportunity to acquire a high-performing, low-maintenance retail asset in a growing market.