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Family Dollar 307 6th St 11,380 SF Retail Building Las Animas, CO 81054 For Sale

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Investment Highlights

National credit tenant with long-term lease and corporate guarantee
Excess land offers future development potential for retail or multifamily
Located in downtown Las Animas with strong highway visibility

Recently extended lease with five renewal options and built-in rent growth
NNN lease structure ensures minimal landlord involvement

Executive Summary

Offered exclusively by Pinnacle Real Estate Advisors, 307 6th Street in Las Animas, Colorado presents a compelling net-leased investment opportunity anchored by Family Dollar, a nationally recognized discount retailer backed by Dollar Tree, Inc. This freestanding retail asset spans 11,380 square feet on a generous 0.8-acre parcel, offering both stable income and long-term upside through excess land and flexible zoning. The tenant recently executed a five-year lease extension, reinforcing their commitment to the location and providing predictable cash flow with a current net operating income of $105,375. The lease includes five additional five-year renewal options, each with 10% rent escalations, ensuring built-in growth for investors. The NNN structure minimizes landlord responsibilities, making this a low-touch, income-generating asset. Strategically located in downtown Las Animas, the property benefits from strong visibility along a key highway corridor and serves a community with consistent demand for essential goods and services. The site’s commercial zoning and excess land offer future development potential for retail or multifamily, enhancing its long-term value proposition. This investment is ideal for buyers seeking a stabilized asset with national credit tenancy, passive income, and the flexibility to unlock future development opportunities in a growing rural market.

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Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

11,380 SF

Building Class

Year Built

1966

Tenancy

Single

Building Height

1 Story

Building FAR

0.33

Lot Size

0.80 AC

Opportunity Zone

Yes

Zoning

MUD

Parking

30 Spaces (2.63 Spaces per 1,000 SF Leased)

Frontage

265’ on Bent Ave

Major Tenants

Retailer
-
-
-

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 End
	Retailer	-	-			-

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Property Taxes

Parcel Number	010-10246	Improvements Assessment	$45,249
Land Assessment	$5,023	Total Assessment	$50,272

Property Taxes

Parcel Number

010-10246

Land Assessment

$5,023

Improvements Assessment

$45,249

Total Assessment

$50,272

(303) 407-9781

Contacts

Dallas Sandberg
Corey Sandberg
Keith Lenz
Morgan Wheeler
Pinnacle Real Estate Advisors

Listing ID: 37292813
Date on Market: 8/15/2025
Last Updated:
Address: 307 6th St, Las Animas, CO 81054

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