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Family Dollar | 6 Yr. - Abs. NNN 3421 Mountain View Blvd 8,320 SF Retail Building Angel Fire, NM 87710 $1,470,153 ($176.70/SF) 8.15% Cap Rate
Investment Highlights
- 2016 Construction Build-to-Suit Family Dollar
- Approximately 6 Years of Guaranteed Lease Term | Lease Expiration: 03/31/2032
- 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
Schuchert Retail Group and Bang Realty-New Mexico, Inc. are pleased to exclusively present for sale the 8,320 SF Family Dollar located at 3421 Mountain View Blvd., Angel Fire, NM 87110.
In Conjunction With: Brian Brockman (Bang Realty-New Mexico, Inc)
NM License #20241
In Conjunction With: Brian Brockman (Bang Realty-New Mexico, Inc)
NM License #20241
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2016
Price
$1,470,153
Price Per SF
$176.70
Cap Rate
8.15%
NOI
$119,817
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.23 AC
Parking
32 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
149’ on Halo Pine Terrace
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $13.09
- Triple Net
- Mar 2031
Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $13.09 | Triple Net | Mar 2031 |
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 8
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