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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, Inc. is a major North American discount retailer headquartered in Chesapeake, Virginia. The company operates a large network of small-format stores across the United States and Canada, offering low-priced consumables, household goods, seasonal merchandise, health and beauty products, and snacks. Dollar Tree is widely recognized for its fixed-price strategy, selling most products at a set low price point through its Dollar Tree banner, while its Family Dollar banner offers everyday low-cost merchandise across variable price ranges. Corporate operations at the Chesapeake headquarters oversee merchandising, supply chain, marketing, finance, human resources, and real estate activities supporting thousands of stores nationwide. Dollar Tree emphasizes convenience, value, and efficient distribution, with additional support from multiple distribution centers throughout North America.
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 US is a publicly traded wireless telecommunications provider headquartered in Bellevue, Washington. Established in 1994 as VoiceStream Wireless, the company was later acquired by Deutsche Telekom and rebranded under the T-Mobile name. Its operations focus on nationwide mobile communication services, including wireless voice, data, and broadband offerings. The company has grown through major industry milestones, most notably its merger with Sprint in 2020, which expanded its spectrum assets and subscriber base. T-Mobile operates under a majority ownership by Deutsche Telekom and continues to develop its network capabilities, including sustained investment in 5G infrastructure across the United States.
| 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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