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Family Dollar | 5 Yr. - Abs. NNN 3421 Mountain View Blvd 8,320 SF Retail Building Angel Fire, NM 87710 $1,452,327 ($174.56/SF) 8.25% Cap Rate
Investment Highlights
- 2016 Construction Build-to-Suit Family Dollar
- Approximately 5 Years of Guaranteed Lease Term | Lease Expiration: 03/31/2031
- Highly Upgraded Construction | Upgraded Western Motif for Resort Town Style
- 8,320 SF Building | 1.23 Acre Parcel
- Absolute NNN Lease | Zero Management Responsibilities | Tenant Pays ALL Operating Expenses, Insurance & Pays Taxes Directly
- Six (6) - Five (5) Year Option Periods with 10% Rental Increases
Executive Summary
In Conjunction With: Brian Brockman (Bang Realty-New Mexico, Inc)
NM License #20241
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $13.09
- Triple Net
- Mar 2031
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 | - | $13.09 | Triple Net | Mar 2031 |
Nearby Major Retailers
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Family Dollar | 5 Yr. - Abs. NNN | 3421 Mountain View Blvd
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