1633 N Prince St - Office FOR SALE


Clovis, NM 88101
$950,000 USD
575-693-3287
1633 N Prince St, Clovis, NM for Sale
$950,000 USD
Office - FOR SALE
1/5
null | 7.91% Cap Rate

1633 N Prince St
Clovis, NM 88101


HIGHLIGHTS

  • Long term lease in place
  • Tenant-State of New Mexico Corrections Department (Probation Office)

OVERVIEW

Prime investment opportunity. Tenants in place with the initial term of the lease for: 5-years; beginning on July 1, 2019 and terminating on July 30, 2024. 3 - 5-year options to renew lease.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

7.91%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Mexico Corrections Dept.

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

21,000 SF

ZONING

MD

APN/PARCEL ID

121201101040300

ASK ABOUT THIS PROPERTY

Lonnie MitchellThe Mitchell TeamMore Info
575-693-3287

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Lonnie MitchellThe Mitchell TeamMore Info
575-693-3287

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