Matthews Logo

Navigation Menu

131 E Main St, Naturita, CO, 81422

FAMILY DOLLAR
$1,074,650

Key Information

Cap Rate
8%
Term Remaining
±5 YRS
Type
Retail
NOI
$81,105
Leasable Area
8,412

Highlights

  • 2014 Built-to-Suit for Family Dollar
  • Extremely RARE ABS NNN Lease with Zero Landlord Responsibilities
  • CPI based increases every 3 years (6% max) an excellent hedge against inflation
  • Located on Hwy 141, a main artery though CO into Utah
  • Limited Competition- the subject property is the only dollar store in Naturita
  • Strong corporately guaranteed lease
  • Six, five year options, all of which include the CPI increase
  • Family Dollar is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same-store sales/profitability
  • Investment Grade Credit Tenant – S&P Rated BB
  • Family Dollar, a major national discount retailer with more than 8,000 stores across 48 states, has been acquired for roughly $1 billion by Brigade Capital Management, Macellum Capital Management, and Arkhouse Management Co.
  • Now operating as an independent company, Family Dollar benefits from both fresh capital and significant retail expertise. This backing is expected to accelerate store upgrades and drive operational improvements. With its proven value-focused model and strong presence in local communities, Family Dollar continues to serve as a resilient anchor tenant, positioned for sustained growth in the years ahead

Photos

Location

Agents

Broker of Record

Brayden Conner

License # EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203