101 Kerry Ave, Alamogordo, NM 88310

Traffic entering Alamogordo from US Hwy 54, US Hwy 70 (El Paso, TX and Juarez, MX), White Sands Missile Range and Holloman Air Force Base look down onto this property. Employees and service members from Holloman and White Sands Missile Range (US Army) living in Alamogordo travel this route five times a week, permanently embedding the image of the business to be located on this property in their memories. That business exposure is more valuable than any media advertising if the business’s signage and architecture are well-designed.

This location, adjacent to New Mexico Department of Transportation highway right of way, offers a unique advantage. This adjoining NMDOT land, an additional 50,000 sf, can be leased at reasonable rates for parking, landscaping and signage use. Neighboring Chili’s and Taco Bell Restaurants have leased NMDOT land and developed it for such uses, significantly increasing their useable area without appreciable increases in land expense.

Property Taxes: $600, Property Account: R019345

All utilities are available to this property and already serve the adjacent Chili’s restaurant and Hampton Inn. Utility and drainage easements cross the northeasterly portion of this tract of land, requiring appropriate site planning.

This property is also available on a long term unsubordinated ground lease; the adjoining Chili’s restaurant operates on an unsubordinated ground lease.