2611 N Telshor Blvd - Restaurant FOR SALE
Las Cruces, NM 88011 |
$3,295,000 USD
925-719-9649
2611 N Telshor Blvd
Las Cruces, NM 88011
HIGHLIGHTS
- LONG-TERM INVESTMENT OPPORTUNITY
- BRAND NEW 15-YEAR LEASE TO BE SIGNED AT CLOSE OF ESCROW
- ABSOLUTE NNN INVESTMENT – ZERO landlord responsibilities
- ATTRACTIVE 5% RENT INCREASES EVERY 5 YEARS
- total of $740,000 has been invested in enhancements, including a new indoor/outdoor patio, an updated exterior building finish, new flooring,etc
- 2023 STORE SALES – $3,019,132 – 7.63% rent to sales ratio
FOR SALE DETAILS
PRICE
$3,295,000 USD
PRICE/SF
$521 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
70
LAND DETAILS
LAND ACRES
1.14 AC
LAND SF
49,658 SF
ZONING
M1
APN/PARCEL ID
02-28001
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925-719-9649
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925-719-9649
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