505 Hall St Hatch, NM 87937
This exceptional investment opportunity presents a 9,301 square foot Dollar General store located at 505 W Hall St, Hatch, New Mexico, 87937. The property sits on a 1.36-acre lot and boasts a strong 8.25% cap rate, generating a Net Operating Income (NOI) of $95,431. Built in 2016, this single-tenant retail building is under an absolute NNN lease with Dollar General Corporation, a credit-rated, Fortune 500 company, providing significant financial stability. The lease, commenced February 21, 2016, has a remaining term of approximately 6.3 years, with three additional five-year options, each including a 10% rent increase. This presents a long-term, secure investment with substantial upside potential. The lease structure ensures minimal landlord responsibilities, making this an attractive, low-maintenance investment. The property benefits from its location in a strong market with limited competition, further enhancing its investment appeal. The tenant's e-commerce presence and recession-resistant business model add to the overall security and profitability of this offering. The asking price for this exceptional investment is $1,156,751.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.