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Investment For Sale
Single-Tenant Net Lease Investment Asset
616 South White Sands Blvd., Alamogordo, New Mexico 88310
Details
- Category Investment
- Type For Sale
- Sale Price $1,585,000.00
- CAP Rate 5.90%
- NOI $93,500
- Available Space ±1,910 SF
- Lot Size ±0.28 Acres
- Zoning C-3
Description
- Well-located top-performing unit
- Multi-unit, multi-brand operator who operates over 800 units across 8 brands –including 475 Little Caesars
- This location ranks in the top 5% nationally in the chain in terms of customer traffic
- 15 years remaining on the 20-year term of the lease with four options, each being 5 years
- 10% increases every 5 years
- ±1,910 SF building on ±0.28 acre site with drive thru
- Located along a main retail corridor with other top performing QSR’s
- Alamogordo is the home of White Sands National Park, Holloman AFB and White Sands Missile Range
Documents
Listing Advisors
Land & Industrial
Alex Pulliam, SIOR
- Direct505.338.9875
- Office505.878.0001
- Mobile505.350.5729
- Emailalex@sunvista.com
Land & Industrial
Jim Wible, CCIM
- Direct505.998.1578
- Office505.878.0001
- Mobile505.400.6857
- Emailjimw@sunvista.com
