1110 Mechem Dr | Ruidoso, NM 88345
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1110 Mechem Dr
Ruidoso, NM 88345
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASE Hands-off, Passive ownership - Tenant is responsible for taxes, insurance, CAM repairs and replacements.
- CORPORATE INVESTMENT GRADE TENANT - Guaranteed by Dollar General Stores of Goodlettsville, Tennessee, Dollar General Corp. (NYSE: DG BBB rated by
- COVID and Amazon proof tenant.
- LONG TERM LEASE - 6.5+ Years NNN Lease. 25(5-5year) Year Renewal Options. 3% increase in 2023 and 10% Increase Each Option.
- ZERO LANDLORD RESPONSIBILITIES - Tenant Responsible For Maintenance, Taxes, and Insurance.
- FORTUNE 500 COMPANY - with Over 17,000 Stores Nationwide
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
C
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Zoning
C2 - C-2 community commercial district is to provide for low-intensity retail or service outlets which deal directly with the consumer.
Parking
30 Spaces (3.3 Spaces per 1,000 SF Leased)
Frontage
200’ on State Highway # 48
AMENITIES
- 24 Hour Access
PROPERTY TAXES
| Parcel Number | 4072062365502000000 | Improvements Assessment | $399,305 |
| Land Assessment | $89,196 | Total Assessment | $488,501 |
PROPERTY TAXES
Parcel Number
4072062365502000000
Land Assessment
$89,196
Improvements Assessment
$399,305
Total Assessment
$488,501
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