Listed by SVN | Pacific Commercial Advisors, SVN | Walt Arnold Commercial Brokerage, Inc.
$1,326,000
4910 Central Avenue SE
Details
Property Type Retail
Square Footage 8,325
Cap Rate 10.25%
NOI $135,960
Tenancy Single
Lease Type NNN
Lease Expiration 10/31/2031
Price per SqFt $159
Year Renovated 2015
Acreage 1.080
Zoning MX-M
Investment Type Net Lease
Dark Advance Auto Parts 5+ years lease term | 10.25% CAP | 8,325 SqFt
Marketing description
Dark Store. NNN leased to Advance Auto Parts. 5+ years remaining on the initial lease term. Landlord only responsible for maintaining roof and structure. Roof under warranty. Additional "Add Value" play by developing or subdividing approx. .30 acre excess land.
Investment highlights
- Rare Passive Income with Add Value Potential
- Located on Historic Route 66
- Near University of New Mexico
- Firm Lease Term until 10/31/2031
- Excess Land Included
Listing Contacts
Listed by SVN | Pacific Commercial Advisors, SVN | Walt Arnold Commercial Brokerage, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$135,960.00
$11,330.00/mo
Valuation Metrics
0
DSCR
10.25%
Cap Rate
10.25%
ROI
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