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Family Dollar Triple Net Retail
For Lease
$1,549,600 NNN (Triple Net)

1450 N Solano Dr, Las Cruces, NM 88001

Absolute triple-net leased Family Dollar with corporate guarantee and zero landlord responsibilities.

Space SizeContact for details
Property Size8,520 SF
Lot Size0.77 Acres
Days on Market49

Property Features for 1450 N Solano Dr

General Information

Standard status Active
Size 8,520 SF
Lot size 0.77 Acres
Property subtype Retail
Net Operating Income $108,472

Additional Details

Business Included Yes

Building Details

Building Size 8,520 SF
Year Built 2017
Tenancy Single
Listing Agency: Exclusive Realty
Listed By: Steve Sagmani · License #6502426558
Source: Exclusive-realty
Added: Jun 25 Changed: Aug 8 Last Checked: Aug 12 at 4:44AM

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 Exclusive Realty

Investment Insights

Based on property information with market context.

The offering is an approximately 8,520-square-foot Family Dollar store configured as a single-tenant retail facility on about 0.77 acres. The property is presented as an absolute triple net (NNN) investment, with the tenant lease structure described as zero landlord responsibilities. The lease is backed by Family Dollar/Dollar Tree, Inc. (NASDAQ: DLTR), via a corporate guarantee.

Located at 1450 N Solano Dr in Las Cruces, New Mexico, the store benefits from a visible and accessible site positioned on a well-traveled retail corridor. The public remarks also cite strong store-visit rankings based on Placer.ai, indicating high consumer visitation.

For investors seeking a net lease retail asset, this Family Dollar location is offered under an absolute NNN framework intended to reduce landlord involvement. As described, the tenant relationship is supported by the financial strength of the lease guarantor, providing a management-light structure aligned with passive investment goals.

Key Highlights

  • 8,520 SF Family Dollar store on 0.77 acres in Las Cruces, NM
  • Absolute triple‑net (NNN) lease with zero landlord responsibilities
  • Lease backed by Family Dollar/Dollar Tree, Inc. (NASDAQ: DLTR) with corporate guarantee

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Dental Office Building Supply (Bike/Boat/Book/etc) Store HVAC Service Accounting Firm Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,248
Businesses Nearby

Demographics for 88001, NM

36,831
Population
16,985
Households
2.2
Avg Household Size
30
Median Age
29%
College-Educated
83%
High-School Grad
11.1 sq mi
ZIP Area
3,318
Density / Sq Mi
$32,978
Median Household Income
$23,195
Median Earnings
$797
Median Rent
$158,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute triple-net leased Family Dollar with corporate guarantee and zero landlord responsibilities.
Where is this nnn property located?
The property is located at 1450 N Solano Dr Las Cruces, NM.
What is the lease rate?
The lease rate is $1,549,600.
What are key features of this property?
This property features: 8,520 SF Family Dollar store on 0.77 acres in Las Cruces, NM; Absolute triple‑net (NNN) lease with zero landlord responsibilities; Lease backed by Family Dollar/Dollar Tree, Inc. (NASDAQ: DLTR) with corporate guarantee
More about this property
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