Net Leased Chaparral, NM Family Dollar Listing Details & Market Data

Chaparral is a neighboring community of El Paso, TX (25 miles South) and part of the Las Cruces MSA (40 miles NW) and only 3 miles from Texas border. Near military installations White Sands Missile Range and Fort Bliss. 5 mile demographics include over 20k residents and over $50k Average Household Income.SVN/Investment Property Advisors is pleased to offer this longstanding Family Dollar with over 4 Years of Term at an 8.01% Cap Rate. Lease is NN+ with very limited Landlord responsibilities-Roof &Structure. Tenant direct pays taxes and reimburses property insurance. Tenant directly responsible for HVAC, lighting, parking, including striping & resurfacing, and outside maintenance. Larger 10,000 sf store next to primary Supermarket, Autozone and Gas/Convenience Center. Lease provides for Annual Sales Reporting to Landlord-see Agent.