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29939050
29939051

TBD SEQ Holman Road and Arroyo, Las Cruces, NM 88012

CH
TX 597585
Trinity Real Estate Investment Services
CC
TX 697980
Trinity Real Estate Investment Services
EK
TX 9007104
Trinity Real Estate Investment Services
BB
TX 611825
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services
$2,380,625
36 days on market
Updated 36 days ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,542
Cap Rate 6.4%
NOI $152,360
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+3)
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 07/31/2041
Remaining Term 15.2
Rent Bumps Yes
Lease Options Five (5), 5-Year; 5%
Price per SqFt $226
Year Built 2026
Acreage 2.300
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 07/06/2026
Ownership Fee Simple

Retail | 6.40% CAP | 10,542 SqFt

Marketing description

Trinity Real Estate Investment Services is pleased to present the opportunity to a Dollar General in Las Cruces, NM. This property, a 2026 development with rent set to commence in July 2026, features an absolute NNN lease with zero landlord responsibilities and built-in 5% rent increases every five years throughout the primary term and options.

Property Website: https://trinityreis.com/listing/tbd-seq-holman-road-and-arroyo/

In cooperation with Brian Brockman at Bang Realty-New Mexico Inc | NM #20241 | [email protected] | (513) 898-1551

Investment highlights

  • 2026 Development Dollar General in Las Cruces, NM - Rent Set to Commence July 2026

  • Absolute NNN Lease - Zero Landlord Responsibilities

  • Built-In 5% Rent Increases Every 5 Years Throughout Primary Term and Options

  • Highly Visible Frontage on Holman Rd With 5,000+ Vehicles Passing Daily

  • Limited Retail Competition - the Convenience Store Within 2 Miles

  • Strong Demographic With 29,000+ Residents Within 5-Mile Radius and Positive Growth Over the Past 10 Years

  • Strong Corporate Guaranty by Dollar General Corporation, With an S&P Credit Rating of BBB and Operates 20,000+ Locations

Listing Contacts

CH
TX 597585
Trinity Real Estate Investment Services
CC
TX 697980
Trinity Real Estate Investment Services
EK
TX 9007104
Trinity Real Estate Investment Services
BB
TX 611825
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$152,360.00
$12,696.67/mo

Valuation Metrics

0
DSCR
6.4%
Cap Rate
6.4%
ROI

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