NNN Family Dollar Investment for Sale in Las Animas – 11,380 SF on 0.8 Acres with Excess Land

We are offering a freestanding Family Dollar at 307 6th Street in Las Animas, Colorado. The 11,380 square foot building sits on 0.8 acres with excess land, and pricing is available by contacting the brokers.

Family Dollar, owned by Dollar Tree, Inc. (S&P BBB, investment grade), recently exercised a five-year extension on its NNN lease with a corporate guarantee. The lease includes five additional five-year options with 10 percent rent increases at each extension. Net operating income is about $105,375.

The large lot is zoned for commercial use and offers room to develop additional retail or multifamily, adding upside beyond the in-place income.

The store is in downtown Las Animas with highway visibility and strong local demand for everyday goods, and discount retailers tend to perform well in all economic cycles. Contact Dallas Sandberg, Corey Sandberg or Keith Lenz of Pinnacle Real Estate Advisors for pricing and the offering memorandum.