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  1. Commercial Properties
  2. NM
  3. Las Cruces
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For Sale

Family Dollar

1690 S Solano Dr, Las Cruces, NM 88001

1690 S Solano Dr is positioned along South Solano Drive, one of Las Cruces’ primary north to south commercial corridors, and benefits from an in fill setting surrounded by established neighborhoods and daily needs retail. The property is situated within the City of Las Cruces El Paseo and S. Solano Metropolitan Redevelopment Area, an active planning initiative focused on revitalizing the El Paseo and Solano corridors between Lohman Avenue and University Avenue to support long term reinvestment and a more cohesive, pedestrian oriented commercial environment. Las Cruces serves as the economic and population center of Doña Ana County, with an estimated population of approximately 116,998 as of 2024. The market is anchored by New Mexico State University, a major regional driver of employment and consistent consumer activity, and the Las Cruces campus reported Fall 2024 enrollment of 15,408 students. Las Cruces also functions as part of the broader El Paso and Las Cruces border region economy and is located roughly 45 minutes from El Paso, Texas, which provides access to a larger metro labor pool, international trade influences, and El Paso’s major air transportation hub. From a quality of life and visitation standpoint, Las Cruces is defined by the Organ Mountains backdrop and immediate access to outdoor recreation. The Organ Mountains Desert Peaks National Monument sits adjacent to the city on the east side and supports year round hiking, biking, and tourism driven traffic. Additionally, White Sands National Park is a highly recognized regional destination accessible via US 70 and is approximately 52 miles from Las Cruces. Together, these demand drivers support consistent local traffic patterns and reinforce the area’s role as the primary commercial hub for Southern New Mexico..

Key features

  • 1.5 Miles To New Mexico State University | ±14,779 Students Enrolled
  • 45 Miles To El Paso, TX
  • 7,815 SF Freestanding Single-Tenant Family Dollar Situated on 0.63 Acres
  • Corporate-Backed Lease From Family Dollar Stores, INC
  • Double Net (NN) Lease | Minimal Landlord Responsibilities | Ideal Investment Opportunity For a Passive Investor
  • Excellent Visibility With Two Points Of Access At The Lighted Intersection Of S Solano Dr and Missouri Ave | Traffic Counts Exceeding 31,000+ VPD
  • In Addition To Base Rent, Landlord Shall Receive a Percentage Rent In The Amount Of 3% Of Gross Sales In Excess Of $2,129,600
  • Long-Term Historical Occupancy | Family Dollar Has Occupied The Site Since 2004
  • No Options Remaining | Well Below Market Rent At Only $10.90/ SF | Long-Term Upside Potential
  • One Of Family Dollar's Top-Performing Locations Nationwide | 99th Percentile via Placer.Ai | #1 Store In The State Of New Mexico
  • RARE Dollar Store Demographics | Average Household Income In a 5-Mile Radius Exceeds $66,000 | Population Exceeds 112,000 People In a 5-Mile Radius
  • Strong Reporting Store Sales | Contact Agent For More Details
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Contacts

broker
Nick Yaldo

Encore Real Estate Investment Services

Building Details

  • For Sale $1,099,148
  • Property Type Retail - Freestanding
  • Property Size 7,815 SF
  • Lot Size 0.63 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 2004
  • Date Updated Apr 28, 2026

Getting Around

  • Walk Score ®

    Somewhat Walkable (69)
  • Bike Score ®

    Bikeable (69)
Powered by Walk Score ®

Location

  • City Las Cruces, NM
  • Zip Code 88001
  • Market El Paso
  • Map
  • Street

Points of Interest

Sunoco

0.72 miles

Circle K

0.77 miles

Speedway

0.96 miles

Valero

0.99 miles

Brewer

1.01 miles

Alon

1.01 miles

Fina

1.37 miles

Tesla Supercharger

3.09 miles

Handicap Parking

1.11 miles

Metered Parking

1.12 miles

Clinton Anderson Hall Guest Parking

1.20 miles

Lot 30

1.39 miles

Lot 35

1.49 miles

La Posta Overflow Parking

2.47 miles

La Posta Parking

2.49 miles

Albertsons

0.63 miles

Mountain View market

0.77 miles

Pro's Ranch Market

0.83 miles

Toucan

0.96 miles

Sprouts Farmers Market

1.25 miles

Big Lots

1.32 miles

Maria Teresa Plaza

1.35 miles

JCPenney

1.38 miles

Mesilla Valley Mall

1.43 miles

1690 S Solano Dr Listing Summary

  • What is the asking price at Family Dollar?

    Family Dollar is currently listed for sale at Contact for pricing.

  • What is the total size of Family Dollar?

    Family Dollar has a total of 7,815 square feet.

  • What is the year built for Family Dollar?

    The year built for Family Dollar is 2004.

Contact Listing Broker
broker
Nick Yaldo

Encore Real Estate Investment Services

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