Shopping Strip

Dollar Tree Multi-Tenant

4172 US-64, Kirtland, NM 87417

Listing Price: $2,100,000

Cap Rate
7.50%
Gross SF
21,190
Rentable SF
21,190
Price/Gross SF
$99.10
Lot Size
2.40 acres
Year Built
2000

Investment Overview

Headquartered in Chesapeake, VA, Dollar Tree, Inc. is the largest and most successful single-price-point retailer in North America, operating thousands of stores across 48 contiguous U.S. states and five Canadian provinces, supported by a solid and scalable logistics network. The company has steadily increased its revenue over the years. Between 2016 and 2017, revenue increased by 33.67%, and between 2017 and 2018, revenue increased by 7.38%. In 2014, Dollar Tree acquired the Family Dollar brand for $8.5 billion. Kirtland is town in New Mexico’s San Juan County, part of the Farmington Metropolitan Statistical Area. The town was founded in the early 1880s by settlers who named it after Kirtland, Ohio. The town was previously a census-designated place and officially became incorporated in January of 2015.

Investment Highlights

  • 100% Leased with New 10-Year Leases
  • Average Household Income Exceeds $68,000 within a 5-Mile Radius
  • Excellent High Traffic Location Along US-64, Visible to 20,600+ Cars/Day
  • Corporate Lease with Dollar Tree
  • 40,325 Residents within a 5-Mile Radius
  • Across from Kirtland Central High School and Kirtland Middle School (Approximately 1,250 Total Students)
  • Surrounded by National Retailers - AutoZone, Ashley Home Furnishings, KFC, Family Dollar, Dairy Queen, and More
  • 10 Minutes from Farmington, Home to Four Corners Regional Airport, Northern Edge Casino, Animas Valley Mall, and San Juan College

Exclusively Listed By

Broker of Record

  • Matt Reeves

    Senior Associate

    License(s): NM: 19583

    New Mexico

Shopping Strip

Dollar Tree Multi-Tenant

Listing Price: $2,100,000

Cap Rate
7.50%
Gross SF
21,190
Rentable SF
21,190
Price/Gross SF
$99.10
Lot Size
2.40 acres
Year Built
2000

Investment Highlights

  • 100% Leased with New 10-Year Leases
  • Average Household Income Exceeds $68,000 within a 5-Mile Radius
  • Excellent High Traffic Location Along US-64, Visible to 20,600+ Cars/Day
  • Corporate Lease with Dollar Tree
  • 40,325 Residents within a 5-Mile Radius
  • Across from Kirtland Central High School and Kirtland Middle School (Approximately 1,250 Total Students)
  • Surrounded by National Retailers - AutoZone, Ashley Home Furnishings, KFC, Family Dollar, Dairy Queen, and More
  • 10 Minutes from Farmington, Home to Four Corners Regional Airport, Northern Edge Casino, Animas Valley Mall, and San Juan College

Investment Overview

Headquartered in Chesapeake, VA, Dollar Tree, Inc. is the largest and most successful single-price-point retailer in North America, operating thousands of stores across 48 contiguous U.S. states and five Canadian provinces, supported by a solid and scalable logistics network. The company has steadily increased its revenue over the years. Between 2016 and 2017, revenue increased by 33.67%, and between 2017 and 2018, revenue increased by 7.38%. In 2014, Dollar Tree acquired the Family Dollar brand for $8.5 billion. Kirtland is town in New Mexico’s San Juan County, part of the Farmington Metropolitan Statistical Area. The town was founded in the early 1880s by settlers who named it after Kirtland, Ohio. The town was previously a census-designated place and officially became incorporated in January of 2015.

Exclusively Listed By

Broker of Record

  • Matt Reeves

    Senior Associate

    License(s): NM: 19583

    New Mexico

MM Texture Background
MM Textured Background Lower