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Dollar Tree 1011 W Avenue D 10,104 SF of Retail Space Available in Lovington, NM 88260

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HIGHLIGHTS

  • Great longstanding tenant
  • Good visibility
  • Large amount of space

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 10,104 SF
  • Negotiable
  • $8.38 CAD/SF/YR $0.70 CAD/SF/MO $84,626 CAD/YR $7,052 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Retail storefront available. Space is located in the same building as the Dollar Tree. 10,104 sq foot space can be modified to fit tenant desires. Build out and add a storefront for retail. Shared loading dock.

  • Lease rate does not include utilities, property expenses or building services
  • 1 Loading Dock
  • Prime location next to Dollar Tree
  • Shared dock/ramp
  • Lot's of parking
Space Size Term Rental Rate Rent Type
1st Floor 10,104 SF Negotiable $8.38 CAD/SF/YR $0.70 CAD/SF/MO $84,626 CAD/YR $7,052 CAD/MO Triple Net (NNN)

1st Floor

Size
10,104 SF
Term
Negotiable
Rental Rate
$8.38 CAD/SF/YR $0.70 CAD/SF/MO $84,626 CAD/YR $7,052 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Retail storefront available. Space is located in the same building as the Dollar Tree. 10,104 sq foot space can be modified to fit tenant desires. Build out and add a storefront for retail. Shared loading dock.

  • Lease rate does not include utilities, property expenses or building services
  • 1 Loading Dock
  • Prime location next to Dollar Tree
  • Shared dock/ramp
  • Lot's of parking

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT DOLLAR TREE

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Dollar Tree
  • Dollar/Variety/Thrift
  • 10,426
  • International
TENANT DESCRIPTION US LOCATIONS REACH
Dollar Tree Dollar/Variety/Thrift 10,426 International

PROPERTY FACTS

Total Space Available 10,104 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 20,104 SF
Year Built/Renovated 1975/2013
Parking Ratio 2.39/1,000 SF

ABOUT THE PROPERTY

Join longstanding tenant Dollar Tree in busy area. Dollar Tree has been operating in this location since 2013 and has recently renewed their lease. 10,104 sq foot space is next to the Dollar Tree in the same building and can be altered to fit as desired. Area has heavy car and foot traffic and prominent retailers in the area include Taco Bell, AutoZone Auto Parts, U-Haul, Philips 66, and many others. Whole property is also available for sale.

  • Signage
  • Air Conditioning
  • Listing ID: 26328383

  • Date on Market: 2022-08-05

  • Last Updated:

  • Address: 1011 W Avenue D, Lovington, NM 88260

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