Family Dollar, Las Cruces, NM
Retail | 7.00% CAP | 8,520 SqFt
Marketing description
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 90th Percentile Statewide for store visits via Placer.ai
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