1410 Aultman St Ely, NV 89301

This exceptional investment opportunity presents a 8,320 square foot Family Dollar store located at 1410 E Aultman St, Ely, NV 89301. Built in 2015 on a 0.63-acre lot, the property boasts a strong 7.75% cap rate and a substantial net operating income (NOI) of $108,001. The absolute triple net (NNN) lease, with a credit-rated, corporate-guaranteed tenant, ensures minimal landlord responsibilities. The lease commenced January 23, 2015, and expires September 28, 2029, with six, five-year renewal options. Rent increases are tied to the Consumer Price Index (CPI), capped at 6% every three years, offering inflation protection. The property benefits from high traffic counts exceeding 111,000 vehicles per day. The tenant, Family Dollar, a subsidiary of Dollar Tree, is an investment-grade credit tenant with an S&P rating of BBB, demonstrating financial strength and stability. This is a rare opportunity to acquire a well-performing, low-risk retail investment in a tax-free state. The asking price is $1,393,561. The property is currently 100% occupied.