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Family Dollar 5901 Isleta Blvd SW 8,320 SF Retail Building Albuquerque, NM 87105 $1,799,471 ($216.28/SF) 7.56% Cap Rate
Executive Summary
Located at 5901 Isleta Ave., Albuquerque, New Mexico, this Family Dollar property offers investors a strong opportunity anchored by a nationally recognized discount retailer serving the surrounding community. Positioned along a well-traveled corridor in Albuquerque’s South Valley, the site benefits from consistent daily traffic, strong neighborhood density, and convenient accessibility.
Family Dollar’s value-oriented retail model drives steady customer demand, making the location a reliable neighborhood shopping destination. With its established presence, essential-goods focus, and straightforward operations, this property represents a compelling addition to a long-term net-lease investment portfolio in the Albuquerque market.
NOI based on blended cap rate of 7.56% factoring in a 10% rental increase due in 05/1/2027.
Family Dollar’s value-oriented retail model drives steady customer demand, making the location a reliable neighborhood shopping destination. With its established presence, essential-goods focus, and straightforward operations, this property represents a compelling addition to a long-term net-lease investment portfolio in the Albuquerque market.
NOI based on blended cap rate of 7.56% factoring in a 10% rental increase due in 05/1/2027.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
8,320 SF
Building Class
B
Year Built
2016
Price
$1,799,471
Price Per SF
$216.28
Cap Rate
7.56%
NOI
$136,040
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.95 AC
Zoning
none
Frontage
Property Taxes
| Parcel Number | 1-011-051-454279-1-01-05 | Improvements Assessment | $219,909 |
| Land Assessment | $28,591 | Total Assessment | $248,500 |
Property Taxes
Parcel Number
1-011-051-454279-1-01-05
Land Assessment
$28,591
Improvements Assessment
$219,909
Total Assessment
$248,500
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Family Dollar | 5901 Isleta Blvd SW
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