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Investment Highlights

  • 10,500-square-foot Family Dollar situated on 1.88 acres on the California-Nevada border in a growing community providing stable income.
  • Essential retail location with strong community demand and limited local competition, generating over $25M in annual consumer spending.
  • 2022 construction with a 10-year NNN lease with four five-year renewal options, offering dependable returns in an underserved market.
  • Ideal 1031 exchange opportunity featuring a single-tenant net lease property backed by a prominent national retailer with 15,500+ stores.

Executive Summary

Discover this 10,500-square-foot Family Dollar and water bottle kiosk at 1490 East Quartz Avenue in Sandy Valley. Presenting a rare opportunity to acquire a high-quality two-tenant net leased retail investment on a 1.88-acre parcel along one of the community’s main thoroughfares. Built in 2022, the property is secured by a 10-year corporate lease with Dollar Tree, featuring four additional five-year renewal options, offering long-term income stability backed by a national retailer operating 15,500+ locations across 48 states and Canada. As a brand-new, passive, minimal-management asset, this property is ideal for investors seeking durable cash flow and a dependable tenant.

Situated on Quartz Avenue near Valley Electric Association, the post office, the Sandy Valley Library, Sandy Valley High School, and Sky Ranch Airport, the location serves a tight-knit, underserved trade area on the California-Nevada border with limited retail competition. The surrounding community generates over $25 million in annual consumer spending, reinforcing the store’s importance as an essential retail hub. With its new construction, secure lease structure, strong tenant performance, and prime positioning within a small but growing market, this offering is ideally suited for 1031 exchange buyers and investors seeking a stable, long-term net leased Dollar Tree investment in Southern Nevada.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,500 SF
Building Class
B
Year Built
2022
Price
$2,442,857
Price Per SF
$232.65
Cap Rate
7%
NOI
$171,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.88 AC
Zoning
C-2 - General Commercial
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
201-32-410-018
Land Assessment
$15,488
Improvements Assessment
$462,296
Total Assessment
$477,784
  • Listing ID: 39662641

  • Date on Market: 3/4/2026

  • Last Updated:

  • Address: 1490 E Quartz Ave, Sandy Valley, NV 89019

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