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Family Dollar 300 Hermosa Dr 10,000 SF Retail Building Chaparral, NM 88081 $772,000 ($77.20/SF) 10% Cap Rate
Investment Highlights
- Investment Grade Long Term Tenant (24 years)-Corporate Guaranty
- Tenant Direct Pays Taxes, Maintains HVAC & Parking
- Next to Primary Super Market, corner gas station, Autozone and More
- Over 3 Years of Lease Term
- Large 10,000 sf for Future Reconfigurations
- Annual Sales Reporting Required-See Agent
Executive Summary
Family Dollar with over 3 Years of Term at a 10.0% Cap Rate.
Lease is NN+ with very limited Landlord responsibilities-Roof & Structure.
Tenant direct pays taxes and reimburses property insurance. Tenant directly responsible for HVAC,
lighting, parking lot, including striping & resurfacing, and outside maintenance.
Larger 10,000 sf store next to primary Supermarket, Autozone and
Gas/Convenience Center. Lease requires Annual Sales Reporting-see Agent.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$77,198
|
$7.72
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $77,198 |
| Annual Per SF | $7.72 |
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 10,000 SF
- $7.72
- Double Net
- Aug 2028
Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 10,000 SF | $7.72 | Double Net | Aug 2028 |
Property Taxes
| Parcel Number | 17-16550 | Improvements Assessment | $272,883 |
| Land Assessment | $3,667 | Total Assessment | $276,550 |
Property Taxes
Presented by
Family Dollar | 300 Hermosa Dr
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