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.
33317515
33317514

3421 Mountain View Boulevard, Angel Fire, NM 87710

JS
CA 01969414
Schuchert Retail Group
JS
CA CA 01973172
Schuchert Retail Group
Listed by Schuchert Retail Group
$1,470,153
3 days on market
Updated 3 days ago

Family Dollar - Angel Fire, NM

Details
Property Type Retail
Sub Type Storefront
Square Footage 8,320
Cap Rate 8.15%
NOI $119,817
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 03/31/2032
Remaining Term 6
Rent Bumps Yes
Lease Options Six (6) - Five (5) Year
Year Built 2017
Acreage 1.230
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 03/01/2017
Ground Lease No

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

Listing Contacts

JS
CA 01969414
Schuchert Retail Group
JS
CA CA 01973172
Schuchert Retail Group
Listed by Schuchert Retail Group

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
$119,817.00
$9,984.75/mo

Valuation Metrics

0
DSCR
8.15%
Cap Rate
8.15%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Brian Brockman
License
NM License #20241
Brokerage
Bang Realty-New Mexico, Inc.
Title
Broker of Record
*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