Dollar General NNN — Del Norte, CO

Updated November 4, 2026

$2,532,277 · 6.50% CAP · 14.9 YRS

New 2026 Dollar General at 1355 Grand Ave in Del Norte, Colorado, about 9,100 SF, fee simple, absolute NNN, asking $2,532,277 at a 6.50% cap on $164,598 rent. The guaranty comes from Dollar General Corporation. The 15-year term started in September 2026 and ends September 2041, roughly 14.9 years out, with 5% bumps every five years and five 5-year options. The package gives no acreage, and the image shown is a rendering of the prototype rather than this site. Our 27 Dollar General listings have a 6.71% median cap; Del Norte asks 21 bps less.

Lease Abstract

Price

$2,532,277

Cap rate

6.50% CAP

NOI

$164,598

Term remaining

14.9 YRS

Lease type

Absolute NNN

Increases

5% every 5 years, including options

Options

5 x 5-year

Guarantee

Corporate

Building

9,100 SF

Year built

2026

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

9,100 SF building, built 2026. $278/SF asking, $18.09/SF NOI. Rent increases: 5% every 5 years, including options. Renewal options: 5 x 5-year. Corporate guarantee. Primary term ends around 2041 (14.9 yrs left at listing, Nov 2026).

Location

Del Norte, Colorado — 1355 Grand Ave, Del Norte, CO 81132. Full address and offering memorandum released on request — see our Dollar General tenant guide and the Colorado market page for the underwriting context.