The Kase Group is pleased to present the opportunity to acquire a net-leased
Family Dollar located at 302 W 1st Street in Dexter, New Mexico. The property
consists of an ±8,320 square foot freestanding building with excellent visibility
along the town’s primary commercial corridor. Dexter serves as a local hub for
surrounding rural communities, offering a steady flow of local and regional traffic.
The lease is corporately guaranteed by Family Dollar Stores, Inc. and structured
as a Net Lease with minimal landlord responsibilities limited to roof and
structure. The current term runs through June 30, 2028, and includes five (5)
additional five-year renewal options with no rental increases during the base or
option periods.
The property is strategically positioned near several key retailers and service
providers, including Allsup's Convenience Store, Kenny's Market, Dexter Lumber &
Hardware Co, Vic's Tire Repair, and Dexter Tire Services. It also offers convenient
access to U.S. Highway 285, enhancing regional connectivity and visibility.