Dollar Tree Plaza

Price: $6,575,000
Sq. Ft.: 32,560
Cap Rate: 7.63%
Built: 2006
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Dollar Tree Plaza is a 32,560-square foot, multi-tenant retail center in Gallup, New Mexico. Anchored by Dollar Tree, the center is fully stabilized at 100 percent occupancy with 91 percent of the gross leasable area leased to national tenants including Hibbett Sports, The Cash Store, Cato, Sally Beauty Supply, OneMain Financial, GameStop, and Verizon. All leases are triple net. The building is newer 2006 construction, situated on a large three-acre parcel with ample parking.

The subject property is located on Maloney Avenue which runs parallel to Interstate 40. Shadowed anchored by a top-producing Walmart Supercenter, numerous other national and regional retailers are in the neighboring area such as The Home Depot, Cracker Barrel, Applebee’s Neighborhood Grill and Bar, Carl’s Jr., Hilton Garden Inn, Quality Inn & Suites, Hampton Inn & Suites, Comfort Inn, Panda Express, SpringHill Suites, Tractor Supply Co., Family Dollar, Big 5 Sporting Goods, Pep Boys Auto Parts, Fashion Mart, Boot Barn, Safeway grocery store, and Big Lots. Rio West Mall is less than one half mile to the east and is the only enclosed mall within a 125 mile radius, seeing 3.6 million customers per year. Anchor tenants include Bealls, JCPenney, Fallas Paredes, The Shoe Department, and Hobby Lobby is coming soon.

Gallup is the most populous city between Flagstaff and Albuquerque along the historic U.S. Route 66 and serves as the regional hub. The city swells from a population of 22,000 Monday through Thursday to 150,000 on the weekends.

  • Shadow Anchored by the Top Producing Walmart Supercenter in the Nation
  • 100 Percent Occupied Multi-Tenant Retail Center
  • 91 Percent of the Gross Leasable Area is Leased to National Tenants
  • Anchored by Dollar Tree and Hibbett Sports
  • All Leases are Triple Net
  • Large Three-Acre Lot with Ample Parking
  • Prime Retail Trade Area at the Intersection of Interstate 40 (86,000 VPD) and US Highway 491 with Numerous National and Regional Retailers
  • Rio West Mall is Less Than Half of a Mile East | The Only Enclosed Mall Within a 125 Mile Radius | Anchored by Bealls, JCPenney, Fallas Paredes, The Shoe Department, and Hobby Lobby (Coming Soon) | 3.6 Million Customers Per Year
  • Gallup Serves as a Regional Shopping Hub | The City’s Population Swells from 22,000 During Week Days to 150,000 on the Weekends
  • Gallup is the Most Populous City Between Flagstaff and Albuquerque Along the Historic US Route 66