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Dollar Tree 101 Herdner Rd 9,000 SF 100% Leased Retail Building Taos, NM 87571 $1,613,793 ($179.31/SF) 7.25% Cap Rate



INVESTMENT HIGHLIGHTS
- Corporately Guaranteed Lease – Investment Grade Credit Rating
- Average household Income within a 5-mile radius is estimated at $75,929
- Tenant Commitment – Tenant has operated here for over 10 years (exercised their first option early without a rent concession), demonstrating their com
- Dollar Tree was deemed an “essential retailer” during the COVID-19 Pandemic
- High Traffic Counts – sees daily traffic counts of ±20,192 VPD
- Familiar Net Lease Tenants Within One Mile of the Store: Starbucks, Walmart, Wendy’s AutoZone Auto Parts, T-Mobile, KFC, Taco Bell, Speedway, Maverik,
EXECUTIVE SUMMARY
Brian Brockman
License # 9568 (NM)
Bang Realty-New Mexico, Inc.
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
Dollar Tree is a U.S.-based discount variety retailer headquartered in Chesapeake, Virginia. The company traces its origins to 1953, with its modern Dollar Tree format established in 1986 under the name Only $1.00. It adopted the Dollar Tree name in 1991 and has since expanded across the United States and Canada. Dollar Tree operates retail stores that sell a broad assortment of consumable goods, household products, seasonal merchandise, party supplies, and basic grocery items at fixed or limited price points. The company became publicly traded in 1995 and is listed on the NASDAQ under the ticker symbol DLTR. Over time, Dollar Tree has pursued growth through store expansion and strategic acquisitions, establishing itself as a major value-oriented retailer within the consumer defensive sector. The company reports financial results through public filings and maintains centralized oversight of real estate strategy, store development, and lease administration through its corporate offices.
George Gandy Insurance has been proudly serving New Mexico residents since 1990. They are an independent agency, which gives them the ability to work with several insurance carriers. They compare coverage and rates across the board to find you the best coverage at the best price.
- Insurance Office
- -
- -
- -
- Triple Net
- -
T-Mobile U.S. Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience, and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile, and Sprint.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Retailer | - | - | - | Dec 2025 | |
|
Finance and Insurance | - | $18.00 | Triple Net | Aug 2023 | |
| Insurance Office | - | - | - | Triple Net | - | |
|
Information | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 78943 | Improvements Assessment | $244,099 |
| Land Assessment | $106,806 | Total Assessment | $350,905 |
PROPERTY TAXES
Presented by
Dollar Tree | 101 Herdner Rd
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