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Family Dollar 3421 Highway 434 8,320 SF Retail Building Angel Fire, NM 87710 $2,091,088 CAD ($251.33 CAD/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate Absolute NNN Lease
  • Highly Desirable Location, 1-Mile from Angel Fire Resort

EXECUTIVE SUMMARY

Corporate Absolute NNN Lease with 10% Rental Escalations in Year 11 and Options – Allows an investor the opportunity to acquire a NNN asset on a truly passive income structure while the rental escalations provide a strong hedge against inflation
Strong Corporate Guarantee – Dollar Tree, Inc. has an Investment Grade credit rating of BBB (S&P), has over 16,000 locations with more than 211,000 associates, and is ranked 137th on the Fortune 500 list
Highly Desirable Location, 1-Mile from Angel Fire Resort – Angel Fire Resort is a year-round resort destination offering lodging and activities for the entire family. Tourists can number in the thousands with the resort being recognized as the #1 Family Friendly Resort by OnTheSnow
In the winter, guests can experience skiing and snowboarding on the pristine slopes, luxurious mountain lodges, and breathtaking views. In the summer, the resort offers golfing, zipline adventures, mountain biking, boating, fishing, hiking, and pickleball
Located Along Area’s Main Retail Corridor and Directly Surrounded by Community Staples – Including many restaurants, gas stations, ski shop, the Village Church, hardware store, bank, post office, and auto repair store
1.5 Miles from Moreno Valley High School which Serves the Local Community

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2016
Price
$2,091,088 CAD
Price Per SF
$251.33 CAD
Cap Rate
8%
NOI
$167,255 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.00 AC

NEARBY MAJOR RETAILERS

WaFd Bank
UMB Bank
  • Listing ID: 35109793

  • Date on Market: 2025-03-12

  • Last Updated:

  • Address: 3421 Highway 434, Angel Fire, NM 87710

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