Santa Rosa, NM 88435

Family Dollar

Offering Summary

  • Price: $665,000
  • Lot Size: 1.4 Acres
  • Cap Rate: 9.75%
  • Year Built: 2004
  • Building SF: 11,280
  • Status: In Escrow
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  • 5 Years Remaining on Corporate Guaranteed Lease
  • 10% Rental Increases Every 5 Years
  • Value Add Opportunity with Lease Up of the Vacant Suite
  • 3,198 Residents in Trade Area
  • Long Standing and Successful History for Family Dollar at this Location
  • Early Extension with No Concessions, Demonstrating Family Dollar’s Commitment to the Site
  • Immediately Off Interstate 40 - Direct Access to Albuquerque, New Mexico and Amarillo, Texas
  • Walking Distance from Santa Rosa High School (180+ Students)
  • Excellent Signalized Location at the Corner of Lake Drive and Will Rogers Drive (Route 66)
  • Less Than 1 Mile to Santa Rosa’s Blue Hole, an 81-Foot-Deep Natural Artisan Spring Recognized as One of the Best Natural Swimming Holes in the U.S.

Broker Information