Cap Rate
8.5%
Year Built
2010
15052 NM-75, Penasco, NM, 87553
FAMILY DOLLAR$1,181,102
Key Information
Term Remaining
±6.25 Years
Type
Retail
NOI
$100,394
Leasable Area
9,180
Highlights
- 2010 Built to Suit Construction for Family Dollar
- Located between Santa Fe and the popular resort town of Taos
- Extremely healthy Rent-to-Sales ratio of 4.86% – contact agent for more details
- Tenant extended the term of their first option, showing a long term commitment to the site
- Extremely strong corporately guaranteed lease from Dollar Tree
- Five, 5-year options, all of which include an attractive rental increase
Photos
Location
Agents
S
Scotty LatimerLicense # 790608 (TX)
J
Josh BishopLicense # 688810 (TX)
Broker of Record
Brian Brockman
License # 20241 (NM)Bang Realty-New Mexico Inc1600 West End, Ste. 1500 Nashville, TN 37203