506 W Highway 66 | Milan, NM 87021
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- LoopNet Team
506 W Highway 66
Milan, NM 87021
Dollar General · Retail Property For Sale
Investment Highlights
- Exceptionally Strong Tenant and Lease Guarantor – Dollar General Corporation has a Market Cap of $58 Billion.
- Absolute NNN Lease – The tenant is responsible for all operating expenses of the property
- Essential Retailer – Remained open for business during the pandemic, which resulted in a 24% net sales increase in the second quarter of 2020
- High Traffic Location – The location benefits from being situated directly on Historic Route 66, one of the most famous roads in the United States
- Favorable Demographics – The population and average household income ideally fits Dollar General’s business model
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
Frontage
165 ft on U.S. Route 66
PROPERTY TAXES
| Parcel Number | R22387 | Improvements Assessment | $346,171 |
| Land Assessment | $28,816 | Total Assessment | $374,987 |
PROPERTY TAXES
Parcel Number
R22387
Land Assessment
$28,816
Improvements Assessment
$346,171
Total Assessment
$374,987
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