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Retail For SALE

801 Hobbs Hwy - Church's Chicken | 1005 Joe Harvey Blvd

801 Hobbs Hwy, Hobbs, NM 88240

View Listing Document

Details

Category Retail
Status AVAILABLE
Type For Sale
Lot Size 16.44 Acres
Building Size 13,546 SF
APN 4960829100222
Asking Price $2,100,100

Description

INVESTMENT HIGHLIGHTS
17 years left on lease
Zero landlord obligations
100% fee-simple interest
Located in a major retail trade area
7.5% scheduled increases in rent every 5 years
Strong operator

OFFERING SPECIFICATIONS
Price $2,100,100
Cap Rate 4.76%
Net Operating Income $100,000
Building Size +_2400 SF
Year Built 2019

Listing Brokers

Retail

Chris J. Anderson

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