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Family Dollar - Cubero, NM 21 Eagle Rest Rd 10,000 SF Retail Building San Fidel, NM 87049 $1,141,904 ($114.19/SF) 10.50% Cap Rate
Investment Highlights
- Strong corporate guarantee in place.
- Double Net (NN+) Lease with minimal landlord responsibilities, consistent with single-use retail of this type.
- For more information on the property or for help with financing, please inquire with the listed advisors.
- Serves as the local dollar store to the Sky Way Travel Center, as well as the Sky City Hotel & Casino, with zero dollar store competition.
- Seller improving property with several site enhancements underway.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 10,000 SF Family Dollar located at 21 Eagle Rest Road in Cubero, NM. This deal includes a Double Net (NN+) Lease with minimal landlord responsibilities, consistent with single-use retail of this type. The healthy 10.50% CAP Rate may grant positive leverage to qualified borrowers, resulting in a secure and stable investment.
In Cooperation With Sands Investment Group - Lic. #9623 BoR: Andrew Ackerman - Lic. NM #20310
In Cooperation With Sands Investment Group - Lic. #9623 BoR: Andrew Ackerman - Lic. NM #20310
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
B
Year Built
2019
Price
$1,141,904
Price Per SF
$114.19
Cap Rate
10.50%
NOI
$119,900
Tenancy
Single
Building Height
1 Story
Parking
35 Spaces (3.5 Spaces per 1,000 SF Leased)
Frontage
98’ on Silver Dollar Road
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Family Dollar
- Retailer
- 10,000 SF
- $11.99
- Double Net
- Mar 2030
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Family Dollar | Retailer | 10,000 SF | $11.99 | Double Net | Mar 2030 |
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R11760 | Improvements Assessment | $0 |
| Land Assessment | $2,697 | Total Assessment | $2,697 |
Property Taxes
Parcel Number
R11760
Land Assessment
$2,697
Improvements Assessment
$0
Total Assessment
$2,697
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