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907 W 1st St
Magdalena, NM 87825
Retail Property For Sale
Investment Highlights
- 2010 build-to-suit construction for Family Dollar
- Four, 5-Year renewal options remain; all of which include a 10% rent increase
- Corporately guaranteed lease
- Family Dollar has successfully operated at this location for 14 years
- ± 14,068 vehicles daily at the intersection of W Market St.
- Average household income (±$59,000) considered to be family dollar’s “sweet-spot”
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.00 AC
Zoning
Commercial
Parking
28 Spaces (3.5 Spaces per 1,000 SF Leased)
Frontage
214’ on U.S. 60
Property Taxes
| Parcel Number | R012548 | Improvements Assessment | $260,226 |
| Land Assessment | $27,613 | Total Assessment | $287,839 |
Property Taxes
Parcel Number
R012548
Land Assessment
$27,613
Improvements Assessment
$260,226
Total Assessment
$287,839
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