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Family Dollar 5901 Isleta Blvd SW 8,320 SF Retail Building Albuquerque, NM 87105 $2,460,903 CAD ($295.78 CAD/SF) 7.56% Cap Rate
Investment Highlights
- Positioned along a high-traffic corridor in Albuquerque’s South Valley, providing strong visibility and accessibility
- Surrounded by established residential neighborhoods and local businesses, driving consistent customer demand.
Executive Summary
Located at 5901 Isleta Ave., Albuquerque, New Mexico, this Family Dollar property offers investors a strong opportunity anchored by a nationally recognized discount retailer serving the surrounding community. Positioned along a well-traveled corridor in Albuquerque’s South Valley, the site benefits from consistent daily traffic, strong neighborhood density, and convenient accessibility.
Family Dollar’s value-oriented retail model drives steady customer demand, making the location a reliable neighborhood shopping destination. With its established presence, essential-goods focus, and straightforward operations, this property represents a compelling addition to a long-term net-lease investment portfolio in the Albuquerque market.
NOI based on blended cap rate of 7.56% factoring in a 10% rental increase due in 05/1/2027.
Family Dollar’s value-oriented retail model drives steady customer demand, making the location a reliable neighborhood shopping destination. With its established presence, essential-goods focus, and straightforward operations, this property represents a compelling addition to a long-term net-lease investment portfolio in the Albuquerque market.
NOI based on blended cap rate of 7.56% factoring in a 10% rental increase due in 05/1/2027.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
8,320 SF
Building Class
B
Year Built
2016
Price
$2,460,903 CAD
Price Per SF
$295.78 CAD
Cap Rate
7.56%
NOI
$186,044 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.95 AC
Zoning
none
Frontage
Property Taxes
| Parcel Number | 1-011-051-454279-1-01-05 | Improvements Assessment | $299,468 CAD |
| Land Assessment | $38,935 CAD | Total Assessment | $338,402 CAD |
Property Taxes
Parcel Number
1-011-051-454279-1-01-05
Land Assessment
$38,935 CAD
Improvements Assessment
$299,468 CAD
Total Assessment
$338,402 CAD
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Family Dollar | 5901 Isleta Blvd SW
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