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For Sale

Family Dollar

1450 N Solano Dr,
Las Cruces, NM 88001

Asset Snapshot

$108,472
NOI
2017
Year Built
1
Floor Count
1
Building Count
100%
Occupancy

Offering Summary

Investment Overview

Exclusive Realty is pleased to present the exclusive sale of a Family Dollar store located in the dynamic and expanding market of Las Cruces, New Mexico. This investment features an absolute triple net (NNN) lease backed by Family Dollar/Dollar Tree, Inc. (NASDAQ: DLTR), providing a truly passive, management-free opportunity. This is an 8,520 square foot Family Dollar. The subject offering represents an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores. This is a rare chance to acquire a dependable net lease asset in a strong Southwest market.


Investment Highlights

  • Absolute NNN Lease/Zero Landlord Responsibilities, perfect for passive investors
  • 8,520 square feet on 0.77 Acres of Land
  • Corporate Guarantee- Lease backed by Family Dollar, a subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR)
  • Strong Retail Fundamentals- Discount retailer offering everyday essentials with nationwide brand recognition
  • Growing Southwest Market- Located in Las Cruces, the second-largest city in New Mexico, with strong population growth and economic development
  • Visible and Accessible Location-Positioned on a well-traveled retail corridor with excellent visibility and access
  • Ranked in the 93rd Percentile Nationwide and 91st Percentile Statewide for store visits via Placer.ai

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,549,600
Asking Price