705 5th Street, Estancia, NM 87016

Building Details

Year Built

2007

Listing office Fortis Net Lease b***@fortisnetlease.com Show Phone

Listing date Jul 2, 2026

Source Crexi

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Overview

This freestanding Family Dollar store offers 9,180 SF of retail space and is currently open and operating. The investment is presented as a double net (NN) lease, which leaves minimal landlord responsibilities. Tenant responsibility includes the HVAC system. The lease is corporately guaranteed, and the guarantor is identified with a “BBB” credit rating described as investment grade. The lease includes four (5-year) renewal options with a 10% rental rate increase per option.

The property is located on 5th Street in Estancia, New Mexico, positioned for visibility along a main thoroughfare through town. The offering notes traffic of 3,911 cars per day on 5th Street. It is located next to the high school and across the street from Estancia Municipal Airport.

For tenants, the building supports a proven discount retail format with a long-operating, in-place operation. For buyers and passive investors, the structure combines a double-net framework with a corporately guaranteed lease, supporting fee simple ownership of the leased retail asset. The listing is also described as suitable for a 1031 exchange buyer.

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tech Support Center Bed & Breakfast Pet Store Arcade & Gaming Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Estancia

County

Torrance

State

New Mexico

Longitude

-106.0558809

Latitude

34.7545575

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FAQs

What type of property is this?

Grocery and convenience store - Freestanding Family Dollar property with a double-net lease structure and low landlord responsibility.

Where is this grocery and convenience store located?

The property is located at 705 5th Street Estancia, NM.

What is the asking price?

The asking price for this property is $563,581.

What are key features of this property?

This property features: 9,180 SF freestanding Family Dollar store built in 2007 in Estancia, New Mexico; Double net (NN) lease structure with tenant responsible for the HVAC system; Lease includes 4 (5‑year) renewal options with 10% rental increases; corporately guaranteed tenant with BBB credit rating