Single Tenant Family Dollar | Corporate Guarantee | Santa Rosa NM

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30487026
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 11,280 SF
Gross Building Area: See Agent
Gross Land Area: 1.40 Acres
Sale Price: $665,000
Unit Price: $58.95 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 9.76%
Last Updated: 3/23/2020

Overview / Comments

- 5 Years Remaining on Corporate Guaranteed Lease
- 10% Rental Increases Every 5 Years
- Value Add Opportunity with Lease Up of the Vacant Suite
- 3,198 Residents in Trade Area
- Long Standing and Successful History for Family Dollar at this Location
- Early Extension w/ No Concessions, Demonstrating Family Dollars Commitment to Site
- Walking Distance from Santa Rosa High School (180+ Students)

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Guadalupe

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,332 2,332
Median Age: 39.27 39.27
Households: 1,005 1,005


Photograph of Listing Agent

Matthew Reeves

Marcus & Millichap CARNM CIE Member
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