Property History
Property Type
Property Type
Marketing Description
AnyTime Fitness 8 CAP Absolute NNN Lease (which is guaranteed). 7,000 SF and sits on roughly an acre of land. Next to and shares a parking lot with Home Depot. 5 year option period left with 3% rental increase.
Investment Highlights
Great passive income opportunity with extremely strong tenant.
Hobbs, NM has experienced roughly 15% population growth since the 2020 census.
The average household income of nearly $100,000, residents have plenty of money to spend, which fuels retail sales.
Tenant has never missed a rent payment and has always paid on time.
Tenant has continued to pay rent in full though the COVID-19 pandemic.
EXCELLENT RETAIL POSITIONING: Other nearby national tenants include Walmart, Walgreen’s, and Lowe’s.
Shares Home Depot parking lot.
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Listing removed on
BY:
Steven Rosenberg
•••.•••.1004
•••••••••••berg@••.com
Map
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