915 Silver Heights Blvd - Convenience Store FOR SALE
Silver City, NM 88061 |
$1,428,571 USD
678-713-4959
915 Silver Heights Blvd
Silver City, NM 88061
HIGHLIGHTS
- This Deal Features Just Under 19 Years Remaining on an Absolute Triple Net Lease, Placing All Responsibility on the Tenant
- The Lease Incorporates 2% Annual Rent Escalation, Allowing the Landlord to Benefit From the Growth in Property Value
- Fast Stop, a Reputable Tenant With a Robust Portfolio, is Growing at a Sustainable Pace
- The Lease is Guaranteed Corporately By Fast Stop Management and Personally By Fast Stop CEO
- Fast Stops’s Impressive Portfolio Contributes to an Outstanding Rent Coverage Ratio, Indicating a Strong Desire to Grow
- Strategically Situated on Highway 180 and Surrounded By National Tenants Such As: Domino's Pizza, Denny's, Comfort Inn Etc.
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,544 SF Fast Stop Located at 915 Silver Heights Boulevard in Silver City, NM. This Deal Features Just Under 19 Years Remaining on an Absolute Triple Net Lease, Placing All Responsibility on the Tenant (Zero Landlord Responsibility) and Providing the Landlord With a Steady and Dependable Income, Providing For a Secured Investment.
In Cooperation With Sands Investment Group - Lic. #9623 BoR: Andrew Ackerman - Lic. NM #20310
FOR SALE DETAILS
PRICE
$1,428,571 USD
PRICE/SF
$925 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fast Stop - Silver City, NM
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Storefront, Storefront Retail/Office, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.66 AC
LAND SF
28,750 SF
ZONING
-
APN/PARCEL ID
3080102428374
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678-713-4959
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678-713-4959
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