This Retail Property is no longer advertised on LoopNet.com.

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

Property Taxes

Parcel Number
R012548
Land Assessment
$27,613
Improvements Assessment
$260,226
Total Assessment
$287,839
  • Listing ID: 31028171

  • Date on Market: 2/23/2024

  • Last Updated:

  • Address: 907 W 1st St, Magdalena, NM 87825

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