1404 N Riverside Dr - Freestanding FOR SALE


Espanola, NM 87532
$3,059,550 USD
602-687-6700
1404 N Riverside Dr, Espanola, NM for Sale
$3,059,550 USD
Freestanding - FOR SALE
1/6
null | 6% Cap Rate

1404 N Riverside Dr
Espanola, NM 87532


HIGHLIGHTS

  • 100% Leased to 4 National Tenants: Starbucks, Verizon, Great Clips, and T-Mobile
  • All Triple-Net (NNN) Leases with Rental Increases and Renewal Options
  • Outparcel to Lowe's and Surrounded by Major Retailers: Walmart Supercenter, Chili's Grill & Bar, McDonald's, Wendy's, and More
  • Growing Trade Area Situated within an Hour's Drive of Northern New Mexico's Major Cities: Santa Fe, Taos, and Los Alamos
  • Minutes from Presbyterian Española Hospital, Northern New Mexico College, Ohkay Hotel Casino, and Santa Claran Hotel Casino
  • Close Proximity to Española and Rio Arriba County's Municipal Complex (Police Department, Courts, Educational Facilities, etc.)

OVERVIEW

Marcus & Millichap is pleased to present for sale Starbucks Drive-Thru / Verizon Shops in Española, NM. The property is 100% leased to Starbucks, Verizon, Great Clips, and T-Mobile and is outparcel to Lowe's. Española is a city primarily in Rio Arriba County, New Mexico, with a portion of the city located in Santa Fe County. Located within the Albuquerque-Santa Fe-Los Alamos combined statistical area, Española has an estimated 10,500 residents. Española sits halfway between Santa Fe and Taos and is 30 minutes from Los Alamos. The city itself is bordered by the centuries-old Santa Clara and Ohkay Owingeh Pueblos.

FOR SALE DETAILS

PRICE

$3,059,550 USD

PRICE/SF

$546 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks Drive-Thru / Verizon Shops

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

C-1

APN/PARCEL ID

1-047-121-232415

ASK ABOUT THIS PROPERTY

Ryan SarbinoffMarcus & MillichapMore Info
602-687-6700

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Ryan SarbinoffMarcus & MillichapMore Info
602-687-6700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.