Single Tenant Income Property

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30291198
Property Subtypes: Mixed Use, Other
Status: Pending
Building Size (RSF): 3,320 SF
Gross Land Area: 0.29 Acres
Sale Price: $248,000
Unit Price: $74.70 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Usable Size (USF): 3,320 SF
Sale Terms: Cash to Seller
Cap Rate: 11.03%
Last Updated: 12/17/2018

Overview / Comments

Property Highlights:
•National Tenant: Speedy Glass
•Triple Net Lease
•Lease Term: December 2022
•Annually 3% increase
•Close to busy corridors: Idaho Ave. and El Paseo Rd.
•Retail and restaurants nearby: Albertson's, Sonic, Taco Bell, dd's Discounts, O'Reilly Auto Parts, Little Caesars, Dollar Tree & more

Attachments & Media

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Retail Clientele: Business
Property Visibility: Fair
Largest Nearby Street: El Paseo
Highway Access: Poor. location is centrally located in business district.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,873 77,983 104,588
Median Age: 31.2 33.53 35
Households: 5,938 31,456 41,937
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS® - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.