Single-Tenant Retail
101 Herdner Rd Taos, NM 87571
101 Herdner Rd, Taos, NM, 87571
$1,581,081
For Sale
$1,581,081
Dollar Tree is leased with a corporate guarantee and 10+ years of tenancy amid high daily traffic counts.
Days on Market24
Property Features for 101 Herdner Rd
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 2015
Listing agency
Bang Realty
(615) 789-8730
Listed by
Gannon Ethington · License #373272 (TN)
(615) 789-8730
Source
Matthews
Added: Jun 28 Updated: Jul 21 at 8:13AM Checked: Jul 21 at 8:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bang Realty
Investment Insights
Based on property information with market context.
This for-sale retail asset is leased to Dollar Tree under a corporately guaranteed lease described as investment-grade. The tenant has operated at the location for over 10 years, including exercising its first option early without a rent concession, reflecting long-term commitment. The remarks also reference familiar net lease tenants within one mile of the store and note option-period rent increases tied to the lease structure.
The property benefits from high traffic counts, with daily traffic of approximately 20,192 vehicles per day reported in the materials. The surrounding trade area is described as tourism-driven, with Taos identified as a hub for skiing and the historic downtown and Taos Plaza referenced as attraction points that draw boutique shoppers.
Average household income within a 5-mile radius is estimated at $75,929. The materials list several retailers and service users within one mile, including Starbucks, Walmart, Wendy’s, AutoZone Auto Parts, T-Mobile, KFC, Taco Bell, Speedway, Maverik, NAPA Auto Parts, Verizon, Sonic, and Big-O Tires.
The property benefits from high traffic counts, with daily traffic of approximately 20,192 vehicles per day reported in the materials. The surrounding trade area is described as tourism-driven, with Taos identified as a hub for skiing and the historic downtown and Taos Plaza referenced as attraction points that draw boutique shoppers.
Average household income within a 5-mile radius is estimated at $75,929. The materials list several retailers and service users within one mile, including Starbucks, Walmart, Wendy’s, AutoZone Auto Parts, T-Mobile, KFC, Taco Bell, Speedway, Maverik, NAPA Auto Parts, Verizon, Sonic, and Big-O Tires.
Key Highlights
- Dollar Tree leased with a corporate guarantee.
- Tenant has operated for 10+ years, including exercising their first option early with no rent concession.
- High daily traffic counts of ±20,192 VPD.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Dollar Tree is leased with a corporate guarantee and 10+ years of tenancy amid high daily traffic counts.
Where is this retail space located?
The property is located at 101 Herdner Rd Taos, NM.
What is the asking price?
The asking price for this property is $1,581,081.
What are key features of this property?
This property features: Dollar Tree leased with a corporate guarantee.; Tenant has operated for 10+ years, including exercising their first option early with no rent concession.; High daily traffic counts of ±20,192 VPD.
