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508-520 S Main St
Belen, NM 87002

Dollar General Strip Center · Retail Property For Sale

Investment Highlights

  • Located off of Main Street running through Belen which sees over 15,000 VPD and has great visibility and multiple points of ingress and egress
  • Dollar General has an investment-grade credit rating of BBB (S&P) and has reported 31 consecutive years of same-store sales growth
  • Recent capital improvements put into the property including sealing and striping the parking lot
  • Anchored by Dollar General and Buddy’s Home Furnishings, over 84% of the center is occupied by tenants with significant footprints throughout the US
  • Dollar General is an “essential retailer” and has proven to be one of the most profitable companies through the COVID pandemic
  • Attractive Returns for an investor with a stabilized asset

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
14,420 SF
Building Class
B
Year Built
2004
Tenancy
Multiple
Number of Floors
1
Building FAR
0.21
Lot Size
1.60 AC
Zoning
C-1
Parking
57 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
158 ft on Main St

Amenities

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-007-028-097-126-000000
Land Assessment
£50,045
Improvements Assessment
£287,020
Total Assessment
£337,065
  • Listing ID: 26802084

  • Date on Market: 07/10/2022

  • Last Updated:

  • Address: 508-520 S Main St, Belen, NM 87002

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