4005 G St SE - Warehouse FOR SALE


Deming, NM 88030
$1,625,750 USD
415-713-8578
4005 G St SE, Deming, NM for Sale
$1,625,750 USD
Warehouse - FOR SALE
1/10
null | 7% Cap Rate

4005 G St SE
Deming, NM 88030


HIGHLIGHTS

  • New 2023 construction 5,000± 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 responsibilities
  • Oversized 2.04±-acre lot (5.62% building site coverage) with ample parking on site
  • Tenant is responsible for all day-to-day maintenance: utilities, landscaping, sweeping, snow and ice removal, and building maintenance & repairs
  • Frito-Lay controls 60% of the $20 Billion+ chip market with the closest competitor controlling between 10-15%
  • Frito-Lay has the largest “Direct Store Delivery” system in North America with one of the largest private fleets in the U.S.

OVERVIEW

Cushman & Wakefield is pleased to exclusively offer for sale the recently constructed 5,000± sq. ft. Frito-Lay Product Exchange Center located in Deming, NM, featuring an 8-Year lease (6.5 Years Remaining) with 3% annual rent increases. Frito-Lay has the largest “Direct Store Delivery” supply chain network in North America with one of the largest private fleets in the U.S. (23,000 vehicles), 15,000 routes, and approximately 315,000 customers. Frito-Lay, a subsidiary of Pepsi, controls 60% of the $20 Billion+ snack food market with the next closest competitor controlling between 10-15%. The Frito-Lay property is part of a commercial corridor adjacent to Deming City Airport and strategically located just off Interstate 10, the southernmost transcontinental interstate in the U.S. that connects to the Las Cruces- El Paso- Juarez MSA and US-Mexico ports of entry to the East and Tucson to the West. 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). Deming is the first stop west of the Borderplex on Interstate 10, and this regional connectivity provides convenient access to the broader southern New Mexico area as well as western Texas and Southern Arizona. Therefore, Deming 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 Florida Mountains, Rockhound State Park and White Sands National Park. Nearby industrial tenants include the adjacent Olam Food Ingredients Jalapeno processing plant, Coca-Cola Bottling Company, Diamond Storage, and Desert Premium Group, among numerous others. Listed in conjunction with Brett Preston, a Cushman & Wakefield New Mexico licensee.

FOR SALE DETAILS

PRICE

$1,625,750 USD

PRICE/SF

$325 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Frito-Lay Distribution Facility

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

6

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.04

LAND SF

88,862

ZONING

Industrial

APN/PARCEL ID

3049139009143

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.