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Dollar General NNN Retail Property
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7615 Isleta Blvd SW, Albuquerque, NM 87105

Freestanding retail asset with an NN lease structure, renewal options, and scheduled rent increases.

Property Size9,100 SF
Lot Size1.00 Acre
Price / SF$87.91
Days on Market118

Property Features for 7615 Isleta Blvd SW

General Information

Standard status Active
Size 9,100 SF
Class B
Lot size 1.00 Acre
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $72,000

Additional Details

Cap Rate 9%

Building Details

Year Built 2010
Tenancy Single
Listing Agency: Elevate Net Lease
Listed By: Joe Shamoun · License #6505433330
Source: Crexi
Added: May 6 Changed: Aug 30 Last Checked: Aug 30 at 1:31PM

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 Elevate Net Lease

Investment Insights

Based on property information with market context.

This freestanding Dollar General store contains approximately 9,100 SF on an approximately 1.00-acre parcel in Albuquerque. Built in 2010, the property is occupied by Dollar General, a publicly traded Fortune 200 company with more than 20,000 stores. The retailer has operated at this location for 15 years.

The NN lease includes five 5-year renewal options and 10% rent increases. The property is positioned within a dense trade area surrounded by established residential neighborhoods. The listing reflects a 9% cap rate, and the asset is located at 7615 Isleta Blvd SW, Albuquerque, NM 87105.

Key Highlights

  • NNN properties classification with a 9% cap rate
  • Approximately ±9,100 SF freestanding store on a ±1.00‑acre parcel
  • Built in 2010 and occupied by Dollar General for 15 years

Property Analytics

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Dental Office Electrical Service Big Box & Wholesale Store Locksmith Auto Parts Store Veterinary Clinic

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

53
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Chevron Shops & Services
8,348 visits/mo 0.1 miles
Dollar General Shops & Services
7,150 visits/mo 0.1 miles

Demographics for 87105, NM

54,151
Population
20,263
Households
2.7
Avg Household Size
39
Median Age
16%
College-Educated
80%
High-School Grad
40.2 sq mi
ZIP Area
1,347
Density / Sq Mi
$49,928
Median Household Income
$32,490
Median Earnings
$972
Median Rent
$200,300
Median Home Value

Market

Vacancy Rate% for Retail in Albuquerque, NM

7.8% 2019
8.4% 2020
7.9% 2021
4.8% 2022
4.2% 2023
5.7% 2024
5.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding retail asset with an NN lease structure, renewal options, and scheduled rent increases.
Where is this nnn property located?
The property is located at 7615 Isleta Blvd SW Albuquerque, NM.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: NNN properties classification with a 9% cap rate; Approximately ±9,100 SF freestanding store on a ±1.00‑acre parcel; Built in 2010 and occupied by Dollar General for 15 years
More about this property
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