Family Dollar

Las Cruces ("the crosses") is the second-most populous city in the U.S. state of New Mexico and the seat of Doña Ana County. Las Cruces is the most populous city in both Doña Ana County and southern New Mexico. It is the principal city of a metropolitan statistical area which encompasses all of Doña Ana County and is part of the larger El Paso–Las Cruces combined statistical area. Las Cruces is the economic and geographic center of the Mesilla Valley, the agricultural region on the floodplain of the Rio Grande which extends from Hatch to the west side of El Paso, Texas. Las Cruces is the home of New Mexico State University (NMSU), New Mexico's only land-grant university. The city's major employer is the federal government on nearby White Sands Test Facility and White Sands Missile Range. The Organ Mountains, 10 miles (16 km) to the east, are dominant in the city's landscape, along with the Doña Ana Mountains, Robledo Mountains, and Picacho Peak. The historic downtown of the city is the area around Main Street, a six-block stretch of which was closed off in 1973 to form a pedestrianized shopping area. The downtown mall has an extensive farmers market each Wednesday and Saturday morning, where a variety of foods and cultural items can be purchased from numerous small stands that are set up by local farmers, artists and craftspeople. This area also contains museums, businesses, restaurants, churches, art galleries and theaters, which add a great deal to the changing character of Las Cruces' historic downtown.Exclusive Realty is pleased to present the exclusive sale of a Family Dollar store located in the dynamic and expanding market of Las Cruces, New Mexico. This investment features an absolute triple net (NNN) lease backed by Family Dollar/Dollar Tree, Inc. (NASDAQ: DLTR), providing a truly passive, management-free opportunity. This is an 8,520 square foot Family Dollar. The subject offering represents an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores. This is a rare chance to acquire a dependable net lease asset in a strong Southwest market.