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Family Dollar

$925,000

809 Main Street, Antonito, CO 81120

Pending
Last Updated: 02/18/2025

8

Cap Rate

74,000

NOI

Details:
Cap Rate:    8%
NOI:    $74,000
Building Size:    8,000 sqft
Lot Area:    0.7 sqft
Occupancy:    100%
Lease Type:    Double Net
Year Built:    2012
Tenancy:    Single
Highlights:
  • Family Dollar with approximately 3 years remaining on the primary lease term with four, 5-year options and rental increases in each option period
  • Family Dollar Corporate has submitted a signed LOI for this store to become a Family Dollar/Dollar Tree combo store with a new 10-year lease and new higher rent (contact agent for details)
  • Family Dollar recently extended their lease in April 2022, showing commitment to the location and store
  • Above average sales for this location with limited competition in the 10-mile radius (contact agent for details)
  • US Route 285 runs through Antonito, CO, and connects directly to Interstate 25, which connects straight to Santa Fe, NM, the Capital of New Mexico with an estimated population 91,000 residents
  • Subject property is located approximately 28 miles from Alamosa, CO, with a population of 10,000 and home to San Luis Valley Regional Airport
Description:

This NN Family Dollar has a recently extended lease and above average store sales. The subject property is located along US Route 285, which connects to Santa Fe, NM.



SCOTT REID
PARASELL, INC.
scott@parasellinc.com
PH: 949.942.6585
CO LIC# EC.100085004

Map:
Documents:
Title
FamilyDollar_AntonitoCO.pdf
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Location
Gallery