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34436702
34436701

3421 Mountain View Boulevard, Angel Fire, NM 87710 For Sale

JS
CA 01969414
Schuchert Retail Group
JS
CA CA 01973172
Schuchert Retail Group
Listed by Schuchert Retail Group
$1,409,611
2 days on market
Updated 2 days ago

Family Dollar - Angel Fire, NM

Details
Property Type Retail
Sub Type Storefront, Dollar store
Square Footage 8,320
Cap Rate 8.50%
NOI $119,817
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 03/31/2032
Remaining Term 5.8
Rent Bumps Yes
Lease Options Six (6) - Five (5) Year
Year Built 2017
Acreage 1.230
Parking Spaces 32 spaces
Parking per 1,000 SqFt 3.85
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/01/2017
Ground Lease No

8.5% Cap | 5.75 Year | Abs. NNN

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

• 5.75 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: 490 Residents | $117,137 Average Household Income

3-Mile: 2,052 Residents | $116,220 Average Household Income

5-Mile: 2,413 Residents | $113,137 Average Household Income

7-Mile: 3,065 Residents | $105,616 Average Household Income

Listing Contacts

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

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$119,817.00
$9,984.75/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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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.
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