505 Hall St Hatch, NM 87937
High-Yield NNN Lease, Hatch, NM
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- Investment-grade tenant: Dollar General Corporation (S&P: BBB), a Fortune 500 company.
- Absolute NNN lease with no landlord responsibilities.
- Strong location with limited competition.
- 8.25% cap rate, above-average market yield.
- Recession-resistant business model with e-commerce presence.
- Approximately 6.5 years remaining on the lease, plus three 5-year options with 10% rent increases.
Property Details for 505 Hall St
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 9,301 SF
- Year Built
- 2016
- Lot Size (sq. ft)
- 59,242 SF
Location Insight
- City
- Hatch
- County
- Doña Ana
- State
- New Mexico
- Latitude
- 32.6646562
- Longitude
- -107.1582216
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield NNN Lease, Hatch, NM
- Where is the retail property located?
- The property is located at 505 Hall St Hatch, NM.
- What is the asking price?
- The asking price for this property is $1,156,751.
- What are key features of this property?
- This property features: Investment-grade tenant: Dollar General Corporation (S&P: BBB), a Fortune 500 company.; Absolute NNN lease with no landlord responsibilities.; Strong location with limited competition.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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