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Freestanding Family Dollar Store
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714 5th St, Estancia, NM 87016

9,180 SF Family Dollar in Estancia, New Mexico.

Property Size9,180 SF
Price / SF$61.39
Days on Market193

Property Features for 714 5th St

General Information

Standard status Active
Size 9,180 SF
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $61,994

Building Details

Tenancy Single
Listing Agency: Fortis Net Lease
Listed By: Bryan Bender · License #MI 6501319610
Source: Crexi
Added: Feb 11 Changed: Aug 8 Last Checked: Aug 23 at 11:31AM

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 Fortis Net Lease

Investment Insights

Based on property information with market context.

This 9,180 SF freestanding Family Dollar store is located in Estancia, New Mexico. The property is positioned on 5th Street, with a traffic count of 3,911 cars per day. The store is located on the main thoroughfare through town, next to the High School and across the street from Estancia Municipal Airport. The surrounding area within a 10-mile radius has a population of 3,029, and the average household income within a 3-mile radius is $46,605 per year. The property is subject to a Double Net (NN) Lease, with the tenant responsible for the HVAC system. The lease includes 4 options to renew, each for 5 years, with a 10% rental rate increase. The lease is corporately guaranteed with a credit rating of “BBB”. The store has been operating since July 2008. This property is located in an Opportunity Zone in the Albuquerque Market. Intended use of the property is for commercial retail purposes. Potential business uses for the property include retail and convenience store operations.

Key Highlights

  • Investment grade credit rating (BBB) corporate guarantee
  • Double net (NN) lease with minimal landlord responsibilities, tenant responsible for HVAC
  • Strong operating history since July 2008

Property Analytics

Current Use

Dollar General Discount Store

Suggested Use

Top Pick Plumbing Service Building Supply Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby
Well-served
Demand for This Use

Demographics for 87016, NM

3,091
Population
1,390
Households
2.2
Avg Household Size
44
Median Age
11%
College-Educated
90%
High-School Grad
582.6 sq mi
ZIP Area
5
Density / Sq Mi
$44,129
Median Household Income
$30,879
Median Earnings
$823
Median Rent
$117,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - 9,180 SF Family Dollar in Estancia, New Mexico.
Where is this grocery and convenience store located?
The property is located at 714 5th St 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: Investment grade credit rating (BBB) corporate guarantee; Double net (NN) lease with minimal landlord responsibilities, tenant responsible for HVAC; Strong operating history since July 2008
(248) 419-3810 Call to check price and availability
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