1011 W Avenue D | Lovington, NM 88260
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1011 W Avenue D
Lovington, NM 88260
Dollar Tree Center · Retail Property For Sale
Investment Highlights
- Freestanding retail building, approximately 50%-occupied by Dollar Tree on a long-term lease.
- Situated along Lovington's dominant retail corridor with strong traffic counts exceeding 5,480 vehicles per day.
- Located across the street from the trade area's only grocer and daily-needs retailer, Bob's Super Market.
- Immediate upside potential through leasing the vacant space for restaurant, retail, warehouse, or showroom use.
- The tenant is COVID-resistant, being an essential business with grocery, there is limited competition in the market, and they are paying full rent.
- An approximately $30,000 parking lot overlay was completed in September 2020, and a new rubber membrane roof was completed in 2013.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
20,104 SF
Building Class
C
Year Built/Renovated
1975/2013
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.46
Lot Size
1.00 AC
Zoning
E - Economic
Parking
48 Spaces (2.39 Spaces per 1,000 SF Leased)
Frontage
150 FT on Avenue D
Amenities
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 4000219610001 | Improvements Assessment | $248,222 |
| Land Assessment | $7,619 | Total Assessment | $255,841 |
PROPERTY TAXES
Parcel Number
4000219610001
Land Assessment
$7,619
Improvements Assessment
$248,222
Total Assessment
$255,841
Learn More About Investing in Retail Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
