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Family Dollar 300 Hermosa Dr
10,787 SF Retail Building Chaparral, NM 88081 $1,315,147 CAD ($122 CAD/SF) 8.50% Cap Rate
Investment Highlights
- Investment Grade Long Term Tenant (24 years)-Corporate Guaranty
- Tenant Direct Pays Taxes, Maintains HVAC & Parking
- Next to Primary Super Market, corner gas station, Autozone and More
- ~4 Years of Lease Term
- Large 10,000 sf for Future Reconfigurations
- Annual Sales Reporting Required-See Agent
Executive Summary
Family Dollar with ~4 Years of Term at an 8.50% 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 lot, including striping & resurfacing, and outside maintenance.
Larger 10,000 sf store next to primary Supermarket, Autozone and
Gas/Convenience Center. Lease requires Annual Sales Reporting-see Agent.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$111,814
|
$10.37
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $111,814 |
| Annual Per SF | $10.37 |
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
- 10,000 SF
- $11.18 CAD
- Double Net
- Aug 2028
Family Dollar is a place to shop when it comes to delivering quality and value on family essentials in a convenient location. Their stores are conveniently located in neighborhoods, and often in "food deserts" where other stores choose not to locate, providing a convenient, close-to-home option where customers can shop for essentials. By locating stores in places where others won’t, Family Dollar is improving the affordability and availability of essential goods. They are saving their customers time and money and helping them do more, even on a tight budget. Their Family Dollar stores focus on delivering top value for family essentials. They offer competitively-priced national brands from leading manufacturers alongside brand-name, equivalent-value, lower-priced private labels. Their aisles are stocked with food and beverages, paper products, health & beauty supplies, pet food, home products, apparel and accessories, etc.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | 10,000 SF | $11.18 CAD | Double Net | Aug 2028 |
PROPERTY TAXES
| Parcel Number | 17-16550 | Improvements Assessment | $254,802 CAD (2023) |
| Land Assessment | $5,284 CAD (2023) | Total Assessment | $260,085 CAD (2023) |
PROPERTY TAXES
Presented by
Family Dollar | 300 Hermosa Dr
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