4172 Hwy 64 - Storefront FOR SALE


Kirtland, NM 87417
$1,200,000 USD
303-376-3672
4172 Hwy 64, Kirtland, NM for Sale
$1,200,000 USD
Storefront - FOR SALE
1/20
null | 7.07% Cap Rate

4172 Hwy 64
Kirtland, NM 87417


HIGHLIGHTS

  • Lease Guaranteed by Dollar Tree NASDAQ: DLTR
  • Significant Value-add through leasing the vacancy
  • Strategic Location off Hwy 64 providing access to the Navajo Reservation

OVERVIEW

Currently 7.07% CAP with an 18% Pro-forma through leasing the vacancy Property is currnelty 48% occupied by Dollar Tree on a NNN lease providing a new owner with tremendous upside through leasing the vacancy. Strategic location off Highway 64 providing access to the Navajo reservation in a captive market with limited competition

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

7.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree Value-add 18% Pro-forma

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

Commercial

APN/PARCEL ID

8000041

ASK ABOUT THIS PROPERTY

Peter PelusoPinnacle Real Estate AdvisorsMore Info
303-376-3672

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Peter PelusoPinnacle Real Estate AdvisorsMore Info
303-376-3672

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.