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This Retail Property is no longer advertised on LoopNet.ca.

506 W Highway 66
Milan, NM 87021

Dollar General · Retail Property For Sale

Investment Highlights

  • The lease calls for a 3.00% rent increase starting on 11/1/2021, providing for a hedge against inflation. 10.00% rent increases in each of the option
  • Essential Retailer – DG remains open for business during the Covid-19 Pandemic, which resulted in 24% net sales increase in the second quarter of 2020
  • High Traffic Location – The location benefits from being on Historic Route 66, one of the most famous roads in the US, drawing tourists from all over

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,026 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.96 AC
Parking
18 Spaces (1.99 Spaces per 1,000 SF Leased)
Frontage
165 ft on U.S. Route 66

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R22387
Land Assessment
$28,814
Improvements Assessment
$346,142
Total Assessment
$374,956
  • Listing ID: 21355813

  • Date on Market: 2020-10-28

  • Last Updated:

  • Address: 506 W Highway 66, Milan, NM 87021

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