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1011 W Avenue D
Lovington, NM 88260

$1,450,000 USD

Freestanding For Sale • 20,104 SF

Property Details

Property Type Freestanding
Total Building Size 20,104 SF
Lot Size 1 AC
Building Class C
Year Built 1975
Cap Rate 6.69 %
Tenancy Multiple
Zoning E

40 Walk Score

                
                    Highlights
                
                                New 10-Year Double-Net Lease through 2036 Following Early Renewal, Demonstrating Strong Tenant Commitment
                            
                                Corporate Guarantee: Dollar Tree (NASDAQ: DLTR) | Fiscal Year 2025: $19.50 Billion
                            
                                10,100-Square-Foot Vacancy Offers Upside
                            
                                New 20-Year Roof with Warranty Minimizes Future Capital Expenditures
                            
                                Prime Location on West Avenue D with Strong National Retail Co-tenancy
                            
                                Lovington, County Seat of Lea County, Provides Stable Government and Retail Demand

Property Flyers

OM - Dollar Tree - 10 Yr Renewal + Value-add_Price Reduction

Cap Rate:

6.69 %

Amenities

Signage
Air Conditioning

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	48
Type:	Surface
Included in Rent:	Yes

Daniel Greenamyre 913-680-7359 Marcus & Millichap

1011 W Avenue D Lovington, NM 88260