101 Herdner Rd - Storefront Retail/Office FOR SALE
Taos, NM 87571 |
$1,613,793 USD
615-789-8730
101 Herdner Rd
Taos, NM 87571
HIGHLIGHTS
- Corporately Guaranteed Lease – Investment Grade Credit Rating
- Dollar Tree was deemed an “essential retailer” during the COVID-19 Pandemic
- Average household Income within a 5-mile radius is estimated at $75,929
- High Traffic Counts – sees daily traffic counts of ±20,192 VPD
- Tenant Commitment – Tenant has operated here for over 10 years (exercised their first option early without a rent concession), demonstrating their com
- Familiar Net Lease Tenants Within One Mile of the Store: Starbucks, Walmart, Wendy’s AutoZone Auto Parts, T-Mobile, KFC, Taco Bell, Speedway, Maverik,
FOR SALE DETAILS
PRICE
$1,613,793 USD
PRICE/SF
$296 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar Tree
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
0.84 AC
LAND SF
36,590 SF
ZONING
Commercial
APN/PARCEL ID
78943
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615-789-8730
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615-789-8730
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