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101 Herdner Rd
Taos, NM 87571

$1,613,793 USD

Storefront Retail Office For Sale  •  5,460 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 9,000 SF
  • Lot Size 0.84 AC
  • Building Class B
  • Year Built 2015
  • Cap Rate 7.25 %
  • Tenancy Multiple
  • Zoning Commercial
0 Transit Score
60 Walk Score

Highlights

Corporately Guaranteed Lease – Investment Grade Credit Rating
Dollar Tree was deemed an “essential retailer” during the COVID-19 Pandemic
Average household Income within a 5-mile radius is estimated at $75,929
High Traffic Counts – sees daily traffic counts of ±20,192 VPD
Tenant Commitment – Tenant has operated here for over 10 years (exercised their first option early without a rent concession), demonstrating their com
Familiar Net Lease Tenants Within One Mile of the Store: Starbucks, Walmart, Wendy’s AutoZone Auto Parts, T-Mobile, KFC, Taco Bell, Speedway, Maverik,
Cap Rate: 7.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar Tree 12/31/2025
George Gandy Insurance 8/31/2023
Insurance Office
T-Mobile

Amenities

  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Gannon Ethington 615-789-8730 Matthews Real Estate Investment Services
Gannon Ethington 615-789-8730 Matthews Real Estate Investment Services