4109 E Main St - Service Station FOR SALE
Farmington, NM 87402 |
$1,344,000 USD
332-345-4202
4109 E Main St
Farmington, NM 87402
HIGHLIGHTS
- Absolute Triple-Net (NNN) Ground Lease | Zero Landlord Responsibilities | The property is subject to a long-term absolute triplenet lease
- Fifteen (15)-Year Lease | Approximately Fifteen (15) Years Remaining | Three (3), Five (5)-Year Options
- Rental Increases Of Ten Percent (10.00%) Every Five (5) Years | The lease of the subject property features rental increases of 10.00% every five years
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a 7 Brew Coffee located at 4109 E Main St, Farmington, NM 87402. The site consists of roughly 510 rentable square feet of building space on an estimated 0.91-acre parcel of land. This 7 Brew Coffee is subject to a 15-year Ground lease, which commences 10/15/2025. The current annual rent is $84,000 and has scheduled increases of 10.00% every 5 years.
FOR SALE DETAILS
PRICE
$1,344,000 USD
PRICE/SF
$304 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
7 Brew Coffee
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.91 AC
LAND SF
39,640 SF
ZONING
-
APN/PARCEL ID
2073173153360
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332-345-4202
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332-345-4202
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