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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 neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.
| 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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