2245 Main St SE - Freestanding FOR SALE
Los Lunas, NM 87031 |
2245 Main St SE
Los Lunas, NM 87031
HIGHLIGHTS
- New, 12-Year, Triple Net (NNN) Lease With Full Term Remaining | 10 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods
- Average Cap Rate of 8.61% During Base Term of Lease | Store Sales on Track to Exceed $5 Million Annually
- Brand New Location, Recently Renovated and Now Open! New Roof With a 15-Year Warranty, Two New HVAC’s, and More!
- Other surrounding national retailers include PetSmart, Dollar Tree, Family Dollar, Ace Hardware, AutoZone, O’Reilly Auto Parts, Cricket Wireless
- Adjacent to Albertson’s Market and Within 0.5 Mile of Smith’s Food & Drug Store, the Two Main Grocery Stores in the Los Lunas Submarket
- Albuquerque is Set to Be the Home of Netflix Studios – the Company Has Plans to More Than Double Their Current Production Hub in Albuquerque
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
R. Greenleaf Cannabis (Albuquerque MSA)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Drug Store
TOTAL BUILDING SIZE
4400
STORIES
1
YEAR BUILT
1980
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
1-011-038-161-242-000000
