315 N Main St - Drug Store FOR SALE
Belen, NM 87002 |
$4,741,828 USD
248-702-0288
315 N Main St
Belen, NM 87002
HIGHLIGHTS
- Absolute "NNN" Net Lease | Zero Landlord Responsibilities
- 10+ Years of Firm Term Remaining | Lease extended October 2021 Demonstrating Strong Commitment To Site
- Corporate Lease Guarantee Walgreens Co.
- High-Visibility Hard Corner Location | Positioned At The Signalized Intersection of N Main Street & W Chavez Avenue w/ Traffic Counts Exceeding 20,900
- Minimal Drug Store Competition | Closest Walgreens 12+ Miles & CVS 32+ Miles Away
- Strategic Position Within The Albuquerque MSA | Located in Belen, NM Approx. 30 Miles South of Albuquerque, Benefiting From Regional Economic Growth
FOR SALE DETAILS
PRICE
$4,741,828 USD
PRICE/SF
$333 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
68
LAND DETAILS
LAND ACRES
1.55 AC
LAND SF
67,518 SF
ZONING
C1
APN/PARCEL ID
1-007-028-135-383-000000
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248-702-0288
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248-702-0288
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