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Dollar Tree 2510 W Picacho Ave 10,100 SF Retail Building Las Cruces, NM 88007 $2,177,985 CAD ($215.64 CAD/SF) 7.71% Cap Rate
Investment Highlights
- 7.25% YIELD ON INVESTMENT WITH 7+ YEAR CORPORATE LEASE (NASDAQ: DLTR)
- ADJACENT TO MIDDLE/HIGH SCHOOL WITH 2,000+ STUDENTS AND LESS THAN 5 MILES FROM NEW MEXICO STATE UNIVERSITY (22,000+ STUDENTS)
- NEWER CONSTRUCTION IN A STRATEGIC TRADE AREA
- FRONTAGE ALONG WEST PICACHO AVE SEEING OVER 16,800 VEHICLES PER DAY
- LARGE 1 ACRE PARCEL WITH AMPLE PARKING AND CONVENIENT INGRESS/EGRESS
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,100 SF
Building Class
B
Year Built
2023
Price
$2,177,985 CAD
Price Per SF
$215.64 CAD
Cap Rate
7.71%
NOI
$167,893 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.00 AC
Zoning
C2
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dollar Tree
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar Tree | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-07148 | Improvements Assessment | $481,344 CAD |
| Land Assessment | $78,815 CAD | Total Assessment | $560,159 CAD |
Property Taxes
Parcel Number
19-07148
Land Assessment
$78,815 CAD
Improvements Assessment
$481,344 CAD
Total Assessment
$560,159 CAD
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Dollar Tree | 2510 W Picacho Ave
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