www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
19153103
19153104

1450 N Solano Dr, Las Cruces, NM 88001 For Sale

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty
$1,549,600
74 days on market
Updated 74 days ago

Family Dollar, Las Cruces, NM

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 8,520
Units 1
Cap Rate 7%
NOI $108,472
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/30/2032
Remaining Term 6
Rent Bumps Yes
Lease Options 6 (5) Year Options
Price per SqFt $182
Year Built 2017
Buildings 1
Stories 1
Acreage 0.770
Zoning Commercial
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/31/2017

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

Listing Contacts

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$108,472.00
$9,039.33/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591