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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
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- Retailer
- -
- -
- -
- Dec 2025
Dollar Tree is a discount variety store offering a range of everyday household goods including cleaning supplies, groceries, health and beauty items, party supplies, toys, school products, and seasonal décor. As part of a multi-unit national retail chain, this store integrates retail convenience, value pricing, and a consistent product mix alongside its broader corporate network. The brand continues to focus on store network expansion and community accessibility.
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- Finance and Insurance
- -
- $18.00
- Triple Net
- Aug 2023
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
- -
-
- Information
- -
- -
- -
- -
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
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Dollar Tree | 101 Herdner Rd
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