Family Dollar | 511 State Hwy 518
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Family Dollar 511 State Hwy 518
8,320 SF Retail Building Mora, NM 87732 $2,501,855 ($301/SF) 8.50% Cap Rate
Investment Highlights
- Unwavering Commitment – Family Dollar’s unwavering commitment to this site is underscored by their recent exercise of the first of four, five-year ext
- Prime Tenant Rating – With an impressive Baa2/BBB investment-grade tenant rating, investors can trust in the financial strength and stability of Famil
- Enduring Site Commitment – Family Dollar’s recent exercise of the first of four, five-year extension periods solidifies their enduring commitment
- Market Dominance – Enjoying a market monopoly, this Family Dollar property stands as the sole contender within an ±82-mile radius in New Mexico, secur
- Retail Powerhouse – Dollar Tree’s acquisition of Family Dollar in 2015 fortifies this investment, backed by a nationwide presence of over 15,115 store
Executive Summary
Broker of Record
Kyle Matthews
License No. 19601 (NM)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. 19601 (NM)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2013
Price
$2,501,855
Price Per SF
$301
Cap Rate
8.50%
NOI
$212,658
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.02 AC
Zoning
Commercial
Frontage
207 FT on State Hwy 518
PROPERTY TAXES
Parcel Number | 1 088 119 049 274 | Improvements Assessment | $0 |
Land Assessment | $8,273 | Total Assessment | $8,273 |
PROPERTY TAXES
Parcel Number
1 088 119 049 274
Land Assessment
$8,273
Improvements Assessment
$0
Total Assessment
$8,273
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Family Dollar | 511 State Hwy 518
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