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Dollar Tree 2510 W Picacho Ave 10,100 SF Retail Building Las Cruces, NM 88007 $1,705,000 ($168.81/SF) 7.26% Cap Rate
INVESTMENT HIGHLIGHTS
- 7.25% YIELD ON INVESTMENT WITH 7+ YEAR CORPORATE LEASE (NASDAQ: DLTR)
- ADJACENT TO MIDDLE/HIGH SCHOOL WITH 2,000+ STUDENTS AND LESS THAN 5 MILES FROM NEW MEXICO STATE UNIVERSITY (22,000+ STUDENTS)
- NEWER CONSTRUCTION IN A STRATEGIC TRADE AREA
- FRONTAGE ALONG WEST PICACHO AVE SEEING OVER 16,800 VEHICLES PER DAY
- LARGE 1 ACRE PARCEL WITH AMPLE PARKING AND CONVENIENT INGRESS/EGRESS
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,100 SF
Year Built
2023
Price
$1,705,000
Price Per SF
$168.81
Cap Rate
7.26%
NOI
$123,724
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.00 AC
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dollar Tree
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dollar Tree | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-41811 | Improvements Assessment | $162,069 |
| Land Assessment | $67,430 | Total Assessment | $229,499 |
PROPERTY TAXES
Parcel Number
02-41811
Land Assessment
$67,430
Improvements Assessment
$162,069
Total Assessment
$229,499
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Dollar Tree | 2510 W Picacho Ave
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