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533 First Street, Capitan, NM 88316

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533 First Street is aretail property located in Capitan, NM. The property currently has 1 retail space for lease and is marketed by .

Available Spaces

Suite	Space Type	Pricing	Size
---	Retail Space	For sale: $837,000	8,000 sqft
The property is on First Street (US Highway 380 aka Smokey Bear Boulevard). The parcel is improved with an 8,000 square foot retail store of steel and block construction completed in 2005. This investment is available for sale only as part of a two property portfolio with the Family Dollar Jal, NM. Sales Info: ■ Commision split: 4.0% Location Description: The Family Dollar of Capitan offers an investor a credit tenant leased property with little management responsibility. Capitan is in Lincoln County in the southwest area of New Mexico, 107 miles from Las Cruces, 123 miles from Albuquerque and 20 miles from Ruidoso, quarter horse racing capital of the world. The trade area is the entire county. Highlights: ■ Family Dollar-Fortune 500-S&P BBB rating ■ 9.50% Cap Rate ■ June 2020 lease expiration; Five 5-yr renewals ■ Sold only as part of a 2 bldg portfolio « show less The property is on First Street (US Highway 380 aka Smokey Bear Boulevard). The parcel is improved with an 8,000 square foot retail store of... show more » View Details The property is on First Street (US Highway 380 aka Smokey Bear Boulevard). The parcel is improved with an 8,000 square foot retail store of steel and block construction completed in 2005. This investment is available for sale only as part of a two property portfolio with the Family Dollar Jal, NM. Sales Info: ■ Commision split: 4.0% Location Description: The Family Dollar of Capitan offers an investor a credit tenant leased property with little management responsibility. Capitan is in Lincoln County in the southwest area of New Mexico, 107 miles from Las Cruces, 123 miles from Albuquerque and 20 miles from Ruidoso, quarter horse racing capital of the world. The trade area is the entire county. Highlights: ■ Family Dollar-Fortune 500-S&P BBB rating ■ 9.50% Cap Rate ■ June 2020 lease expiration; Five 5-yr renewals ■ Sold only as part of a 2 bldg portfolio Pricing: $837,000 Availability: Now Listing ID: 561224 Save to list

Retail Space

For sale: $837,000

8,000 sqft

The property is on First Street (US Highway 380 aka Smokey Bear Boulevard). The parcel is improved with an 8,000 square foot retail store of... show more »

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533 First Street, Capitan, NM 88316

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