1690 S Solano Dr - Freestanding FOR SALE
Las Cruces, NM 88001 |
$1,175,000 USD
248-702-0288
1690 S Solano Dr
Las Cruces, NM 88001
HIGHLIGHTS
- 7,815 SF Freestanding Single-Tenant Family Dollar Situated on 0.63 Acres
- Double Net (NN) Lease | Minimal Landlord Responsibilities | Ideal Investment Opportunity For a Passive Investor
- Long-Term Historical Occupancy | Family Dollar Has Occupied The Site Since 2004
- No Options Remaining | Well Below Market Rent At Only $10.90/ SF | Long-Term Upside Potential
- One Of Family Dollar's Top-Performing Locations Nationwide | 99th Percentile via Placer.Ai | #1 Store In The State Of New Mexico
- Strong Reporting Store Sales | Contact Agent For More Details
FOR SALE DETAILS
PRICE
$1,175,000 USD
PRICE/SF
$150 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
24
LAND DETAILS
LAND ACRES
0.63 AC
LAND SF
27,443 SF
ZONING
C2
APN/PARCEL ID
02-31717
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248-702-0288
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248-702-0288
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