Single-Tenant Retail
For Sale
$1,581,081
101 Herdner Rd, Taos, NM 87571
Dollar Tree is leased with a corporate guarantee and 10+ years of tenancy amid high daily traffic counts.
Property Size9,000 SF
Days on Market64
Property Features for 101 Herdner Rd
General Information
Standard status
Active
Size
9,000 SF
Property subtype
Commercial
Lease Term
±5.37 YRS
Additional Details
Traffic Count
20,192 vehicles/day
Building Details
Building Size
9,000 SF
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
Changed: Aug 15
Last Checked: Aug 30 at 12:53PM
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
Property Profile
Current Use
Lease Details
20,192 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
147k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 37%
Shops & Services 25%
Groceries 23%
Dining 7%
Walmart
Superstores
53,879 visits/mo
0.3 miles
Albertsons
Groceries
34,185 visits/mo
0.2 miles
Dollar Tree
Shops & Services
11,465 visits/mo
0.0 miles
Speedway
Shops & Services
9,287 visits/mo
0.2 miles
Baskin-Robbins
Dining
7,120 visits/mo
0.1 miles
Demographics for 87571, NM
11,650
Population
7,038
Households
1.7
Avg Household Size
50
Median Age
44%
College-Educated
92%
High-School Grad
157.7 sq mi
ZIP Area
74
Density / Sq Mi
$55,833
Median Household Income
$27,254
Median Earnings
$1,006
Median Rent
$416,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
