Net Leased Chaparral, NM Family Dollar

For Sale

300 Hermosa Drive, Chaparral, NM 88081

This Chaparral property for sale is located at 300 Hermosa Drive. The current listed sale price for Net Leased Chaparral, NM Family Dollar is $964,000. Net Leased Chaparral, NM Family Dollar is situated on a lot that is 0.8 acre in size.

Contacts

broker

David De Maagd

SVN | Investment Property Advisors

(616) 566-5790

Property Details

  • Property Type Retail - Freestanding
  • Property Size 10,000 SF
  • Units 1
  • Lot Size 0.8 Acre
  • Property Tenancy Single Tenant
  • Year Built 2001
  • Date Updated Apr 18, 2024
Chaparral is a neighboring community of El Paso, TX (25 miles South) and part of the Las Cruces MSA (40 miles NW) and only 3 miles from Texas border. Near military installations White Sands Missile Range and Fort Bliss. 5 mile demographics include over 20k residents and over $50k Average Household Income.SVN/Investment Property Advisors is pleased to offer this longstanding Family Dollar with over 4 Years of Term at an 8.01% Cap Rate. Lease is NN+ with very limited Landlord responsibilities-Roof &Structure. Tenant direct pays taxes and reimburses property insurance. Tenant directly responsible for HVAC, lighting, parking, including striping & resurfacing, and outside maintenance. Larger 10,000 sf store next to primary Supermarket, Autozone and Gas/Convenience Center. Lease provides for Annual Sales Reporting to Landlord-see Agent.

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Highlights

  • Investment Grade Long Term Tenant (22 years)
  • Over 4 Years of Term
  • Tenant Direct Pays Taxes, Maintains HVAC & Parking
  • Large 10,000 sf for Multiple Configurations
  • Next to Primary Super Market, corner gas station, Autozone and More
  • Corporate Guaranty
  • Annual Sales Reporting for Landlord-See Agent

Getting around

  • 17/100

    Walk Score ®

  • 35/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chaparral, NM
  • Neighborhood Chaparral
  • Zip Code 88081
  • Market El Paso

Points of Interest

  • Diamond Shamrock

    1.20 miles

  • Edge of Texas

    5.15 miles

  • Stires Super Market

    0.04 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

David De Maagd

SVN | Investment Property Advisors

(616) 566-5790