FAMILY DOLLAR

9,180 SF | Retail Building | Penasco, NM 87553 | $1,254,925 ($137/SF) | 8% Cap Rate

Asking Price $1,254,925

Property Type: Retail
Square Feet: 9,180 SF
Price / Square Foot: $137

Listing Contacts

Scotty Latimer

Verified Profile

Josh Bishop

Verified Profile

Property Info

Property Overview

Broker of Record
Kyle Matthews
License No. 19601 (NM)
(866) 889-0550
Matthews Real Estate Investment Services
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Details

Year Built: 2010
Stories: 1
Property Subtype: Storefront Retail/Office
Lot Size (sq. ft): 39,204 SF

Highlights

2010 Built to Suit Construction for Family Dollar
Located between Santa Fe and the popular resort town of Taos
Extremely healthy Rent-to-Sales ratio of 4.86% – contact agent for more details
Tenant extended the term of their first option, showing a long term commitment to the site
Extremely strong corporately guaranteed lease from Dollar Tree
Five, 5-year options, all of which include an attractive rental increase

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