Dexter NNN Properties For Sale

More details for 302 W 1st St, Dexter, NM - Retail for Sale

Net Leased Family Dollar - 302 W 1st St

Dexter, NM 88230

NNN Property
Retail for Sale
$1,547,006 CAD
8,320 SF

Dexter Retail for Sale

The Kase Group is pleased to present the opportunity to acquire a net-leased Family Dollar located at 302 W 1st Street in Dexter, New Mexico. The property consists of an ±8,320 square foot freestanding building with excellent visibility along the town’s primary commercial corridor. Dexter serves as a local hub for surrounding rural communities, offering a steady flow of local and regional traffic. The lease is corporately guaranteed by Family Dollar Stores, Inc. and structured as a Net Lease with minimal landlord responsibilities limited to roof and structure. The current term runs through June 30, 2028, and includes five (5) additional five-year renewal options with no rental increases during the base or option periods. The property is strategically positioned near several key retailers and service providers, including Allsup's Convenience Store, Kenny's Market, Dexter Lumber & Hardware Co, Vic's Tire Repair, and Dexter Tire Services. It also offers convenient access to U.S. Highway 285, enhancing regional connectivity and visibility.

Contact:

The Kase Group

Property Subtype:

Freestanding

Date on Market:

2025-05-15

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NNN Property for Sale in Dexter, NM, USA

Dexter Retail for Sale

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