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1450 N Solano Dr
Las Cruces, NM 88001
 Family Dollar · Retail Property For Sale

Retail Buildings New Mexico Las Cruces 1450 N Solano Dr, Las Cruces, NM 88001

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease/Zero Landlord Responsibilities, perfect for passive investors
  • Growing Southwest Market- Located in Las Cruces, the second-largest city in New Mexico, with strong population growth and economic development
  • Visible and Accessible Location-Positioned on a well-traveled retail corridor with excellent visibility and access
  • Corporate Guarantee- Lease backed by Family Dollar, a subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR)
  • Ranked in the 93rd Percentile Nationwide and 90th Percentile Statewide for store visits via Placer.ai

EXECUTIVE SUMMARY

Exclusive Realty is pleased to present the exclusive sale of a Family Dollar store located in the dynamic and expanding market of Las Cruces, New Mexico. This investment features an absolute triple net (NNN) lease backed by Family Dollar/Dollar Tree, Inc. (NASDAQ: DLTR), providing a truly passive, management-free opportunity. This is an 8,520 square foot Family Dollar. The subject offering represents an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores. This is a rare chance to acquire a dependable net lease asset in a strong Southwest market.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,520 SF
Building Class
C
Year Built
2017
Price
$2,136,790 CAD
Price Per SF
$250.80 CAD
Cap Rate
7%
NOI
$149,575 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.77 AC
Zoning
C-1 - Commercial
Parking
20 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
125’ on N Solano Dr

PROPERTY TAXES

Parcel Number 02-05022 Improvements Assessment $308,159 CAD
Land Assessment $54,582 CAD Total Assessment $362,741 CAD

PROPERTY TAXES

Parcel Number
02-05022
Land Assessment
$54,582 CAD
Improvements Assessment
$308,159 CAD
Total Assessment
$362,741 CAD
 

  • Listing ID: 36674130

  • Date on Market: 2025-07-10

  • Last Updated:

  • Address: 1450 N Solano Dr, Las Cruces, NM 88001

The Retail Property at 1450 N Solano Dr, Las Cruces, NM 88001 is currently available for Sale. Contact Exclusive Realty for more information.

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