This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Family Dollar 1101 Highway 68
8,320 SF of Retail Space Available in Velarde, NM 87582
Highlights
- Freestanding retail building with NM Hwy 68 frontage
- Full access to site from Hwy 68
- Beautiful rural northern NM location
- New 2015 construction, Versatile steel retail/warehouse building
- Monument & building signage available
- 7.5 years remain on initial lease term
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 8,320 SF | 7 Years | $18.43 CAD/SF/YR $1.54 CAD/SF/MO $198.35 CAD/m²/YR $16.53 CAD/m²/MO $12,776 CAD/MO $153,314 CAD/YR | Triple Net (NNN) |
Ground
1101 Highway 68 is a former Family Dollar, built in 2015, and is ready to be leased by a new tenant. Although Velarde is a small town, this area is a huge draw for the northern cities and it creates a great opportunity for a retailer looking to capitalize on the rural communities. The building is incredibly visible from the highway and features a large pylon sign with easy access for travelers to stop in.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- NM Hwy 68 frontage
- New 2015 construction
- Versatile steel retail/warehouse building
- Full access to site from Hwy 68
- Monument & building signage available
- Beautiful rural northern NM location
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1101 Highway 68 , Velarde, NM 87582
| Property Type | Retail | Year Built | 2015 |
| Property Subtype | Freestanding | Parking Ratio | 6.73/1,000 SF |
| Gross Leasable Area | 8,320 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 8,320 SF |
| Year Built | 2015 |
| Parking Ratio | 6.73/1,000 SF |
About the Property
1101 Highway 68 is a former Family Dollar, built in 2015, and is ready to be leased by a new tenant. Although Velarde is a small town, this area is a huge draw for the northern cities and it creates a great opportunity for a retailer looking to capitalize on the rural communities. The building is incredibly visible from the highway and features a large pylon sign with easy access for travelers to stop in. This property is located in Velarde, NM; a beautiful northern New Mexico town found along Highway 68. Velarde is north of Santa Fe and Española on the way to Taos. Just north of this building is the popular Black Mesa Winery and the Rio Grande Gorge landmark.
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
Presented by
Family Dollar | 1101 Highway 68
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.