Family Dollar - Angel Fire, NM
6 Year | Abs. NNN | 8.15% Cap
Marketing description
Schuchert Retail Group and Bang Realty-New Mexico, Inc. are pleased to exclusively present for sale the 8,320 SF Family Dollar located at 3421 Mountain View Blvd., Angel Fire, NM 87110.
In Conjunction With: Brian Brockman (Bang Realty-New Mexico, Inc)
NM License #20241
Investment highlights
FAMILY DOLLAR CORPORATE LEASE:
• 2017 Construction Build-to-Suit Family Dollar
• 8,320 SF Building | 1.23 Acre Parcel
• 6 Years of Guaranteed Lease Term (Lease Exp: 03/31/2032)
• Six (6) - Five (5) Year Option Periods with 10% Rental Increases
HIGHLY UPGRADED CONSTRUCTION:
• Upgraded Western Motif for Resort Town Style
ABSOLUTE NNN LEASE | A TRUE COUPON CLIPPER:
• Absolute NNN Lease with ZERO Management Responsibilities
• Tenant Pays ALL Operating Expenses, Insurance & Pays Property Taxes Directly
LOCATION:
• Strategically Located on Mountain View Boulevard
• Main Thoroughfare in Town
PROXIMITY FROM ANGEL FIRE:
• Taos, NM | 24 Miles
• Santa Fe, NM | 92 Miles
• Durango, CO | 225 Miles
• Denver, CO | 297 Miles
ANGEL FIRE RESORT:
• Year-Round Resort Destination
• Over 80 Runs, 3 Terrain Parks and 30+ Acres of Trails
• Summer Activities Include: Mountain Biking, Golfing, Ziplining, Hiking, Fishing, Paddleboarding
ANGEL FIRE RESORT - RECENT UPGRADES:
• Spring 2025: New Six-Pack Detachable Chairlift on the Front Side of the Mountain (Completion Estimated for December 2026). Will be the only “Six-Pack” Chairlift in the State of New Mexico
• Summer 2025: Construction of a New Fixed-Grip Quad Chair Lift on the Back Side of the Mountain
• Summer 2025: Eight New Pickleball Courts, New Tennis & Pickleball Pro Shop
• Winter 2025: Seven New Runs, Including the Resort’s First-Ever Double Black Diamond Trails
TRADE AREA DEMOGRAPHICS:
• 1-Mile: 493 Residents | $93,743 Average Household Income
• 3-Mile: 2,109 Residents | $93,076 Average Household Income
• 5-Mile: 2,480 Residents | $91,260 Average Household Income
• 7-Mile: 3,149 Residents | $87,292 Average Household Income
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