29 St Francis Dr - Industrial FOR SALE


Tularosa, NM 88352
$4,900,000 USD
415-713-8578
29 St Francis Dr, Tularosa, NM for Sale
$4,900,000 USD
Industrial - FOR SALE
1/9
null | 6.85% Cap Rate

29 St Francis Dr
Tularosa, NM 88352


HIGHLIGHTS

  • Brand new 2025 construction 7,211± square foot Product Exchange Center with 6 dock doors specifically built for Frito-Lay’s supply chain network
  • New long-term lease with 3% annual increases and minimal landlord maintenance responsibilitiesNew long-term lease with 3% annual increases and minimal
  • New long-term lease with 3% annual increases and minimal landlord maintenance responsibilities
  • Oversized 2.01±-acre lot (8.24% building site coverage) with ample parking and expansion potential on site
  • Strategic US Highway 54/70 location – 80 miles northeast of the El Paso-Juarez-Las Cruces MSA with a population over 2.5 million
  • Over $126 billion of U.S. – Mexico trade passes through the Santa Teresa, NM and El Paso, TX ports of entry annually (as of 2023)

OVERVIEW

Cushman & Wakefield is pleased to exclusively offer for sale the newly constructed 7,211± sq. ft. Frito-Lay Product Exchange Center located in Tularosa, New Mexico, featuring a new 10-Year NNN lease with 3% annual rent increases. The facility primarily serves the Tularosa, Alamogordo and Ruidoso markets and benefits from immediate access to US Highways 54 and 70, which circumnavigate the regional trade area. These highways also provide convenient access to Holloman Air Force Base, White Sands National Park, Interstate 10, and the Las Cruces- El Paso- Juarez MSA to the south, and Ruidoso and Albuquerque/Santa Fe to the north via Interstates 25 and 40. Additionally, the oversized 2.01± acre lot can potentially accommodate future expansion of the facility. The Frito-Lay property is strategically located along US Highway 54/70, which connects directly to the Las Cruces- El Paso- Juarez MSA and US-Mexico ports of entry to the south. The ports of Santa Teresa, NM and El Paso, TX, part of the Las Cruces- El Paso- Juarez MSA (Borderplex Region), are major economic drivers as approximately $126 billion of U.S. – Mexico trade passes through these ports of entry annually (as of 2023). Tularosa is a convenient and eclectic stop along US Highway 54, and this regional connectivity provides convenient access to the broader southern New Mexico area as well as western Texas and Southern Arizona. Tularosa has become a thriving business and agricultural community, and a hub for tourism as a starting point for many self-guided tours of the nearby White Sands National Park and Lincoln National Forest. Nearby tenants include Ace Hardware, First Savings Bank, and Dollar General, among numerous others. Listed in conjunction with New Mexico licensed broker Cushman & Wakefield U.S., Inc.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$680 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FRITO-LAY DISTRIBUTION FACILITY

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

6

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.01

LAND SF

87,556

ZONING

-

APN/PARCEL ID

R025598

ASK ABOUT THIS PROPERTY

Christopher SheldonCushman & WakefieldMore Info
415-713-8578

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Christopher SheldonCushman & WakefieldMore Info
415-713-8578

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