2330 W Pierce St - Medical FOR SALE


Carlsbad, NM 88220
$1,146,000 USD
781-776-4525
2330 W Pierce St, Carlsbad, NM for Sale
$1,146,000 USD
Medical - FOR SALE
1/6
null | 8% Cap Rate

2330 W Pierce St
Carlsbad, NM 88220


HIGHLIGHTS

  • Annual Rent Increases
  • Minimal Landlord Responsibilties
  • Dynamic Tenant
  • Prime Retail Location
  • Economic Drivers
  • Recession & E-Commerce Resistant Tenant

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single tenant net leased Familia Dental located at 2330 W Pierce Street in Carlsbad, New Mexico (the “Property”). The Property is leased to Familia Dental, a growing dental practice with more than 35 locations across six states. Familia Dental has been at this location since 2014 and recently exercised a renewal option, demonstrating their commitment to the site and the market. Familia Dental has 3+ years remaining on their Lease with one (1), 5-year renewal option. The lease features an attractive rent increase at the start of the remaining renewal option. The Property occupies a prominent position along West Pierce Street, the area’s primary commercial and commuter corridor, where it benefits from strong signage, excellent visibility, and prominent frontage. The site is located within Carlsbad’s dominant retail trade area, situated between Carlsbad Medical Center and Carlsbad Mall, with convenient access to Downtown Carlsbad. The surrounding area features a concentration of hotels, motels, businesses, and a mix of national and local retailers and restaurants that generate consistent daily traffic. In addition, the Property is located near area schools, Southeast New Mexico College, and established residential neighborhoods, supporting a built-in and reliable customer base.

FOR SALE DETAILS

PRICE

$1,146,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Familia Dental

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

-

APN/PARCEL ID

4-155-126-496-120

ASK ABOUT THIS PROPERTY

Zachary SmithHorvath & TremblayMore Info
781-776-4525

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Zachary SmithHorvath & TremblayMore Info
781-776-4525

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