Listed by Berkshire Hathaway New Mexico Commercial Division
$3,200,000
11807 NM-337 Tijeras
Details
Property Type Hospitality, Land
Sub Type Commercial, Convenience Store
Square Footage 5,000
Keys 1
Cap Rate 1.41%
NOI $45,000
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Price per SqFt $640
Broker Co-Op Yes
Class A
Year Built 2020
Year Renovated 2020
Buildings 1
Stories 1
Acreage 7.800
Zoning CB-1 & CB-2
Parking Spaces 36 spaces
Parking Per SqFt 7.20
Investment Type Redevelopment
Ground Lease No
FRONTAGE ON HWY 337 DEVELOPMENT READY 7.8 ACRES in HEART OF TIJERAS
Marketing description
5,000 SF Retail Building Built in 2020 Sitting on 1 Frontage Acre with 3 phase electricity, Dual HVAC system, ADA compliant, & Power to a future monument sign. Bringing in $3,750 per Month NNN- Tenant Pays Taxes, Insurance & Maintenance Directly.
0.7112 Frontage Acres with a Future Building Footprint Approved, Grading & Drainage Plan Approved, Turn Lane Ingress & Utilities stubbed in, including Natural Gas, 2' Water Line, Bernalillo County Sewer Connection, & 3 Phase power at the property line. This expansive parcel presents a perfect opportunity for a Gas Station, Quick Service Restaurant, Health Services, or a Retail Development
6.1322 West Acres have utilities stubbed in, 2'' Water Line Stub Out, Natural Gas Stub Out, & an 240V electrical pole with 3 phases nearby with ample space for further future (expansion or customization.
Investment highlights
- 7.8434 Acres
- Zoned CB-1 & CB-2
- Drainage Plans Completed
- Utilities Stubbed In
- 60k VPD
- Less Than Half Mile from Interstate i40 & NM Highway 333
- Frontage NM Highway 337
- Turn Lane Ingress from NM Highway
- Heart of Tijeras
- Land Splits Available
Listing Contacts
Listed by Berkshire Hathaway New Mexico Commercial Division
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,000.00
$3,750.00/mo
Valuation Metrics
0
DSCR
1.41%
Cap Rate
1.41%
ROI
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