903-1015 E Bender Blvd - Storefront FOR SALE
Hobbs, NM 88240 |
903-1015 E Bender Blvd
Hobbs, NM 88240
HIGHLIGHTS
- 90% Occupied | 50% of the Gross Leasable Area has Triple-Net Leases
- Significant Upside Potential in Filling the Vacant Space and Converting All Leases to Triple-Net
- Anchored by Big Lots and Family Dollar | Both Tenants Recently Extended Their Lease Terms for Five Years
- 57% of the Gross Leasable Area has National Tenants
- Priced at $59 per Square Foot | Significantly Below Replacement Cost
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Bel Aire Shopping Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
74146
STORIES
1
YEAR BUILT
1959
SPRINKLERS
-
PARKING SPACES
500
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
4980611162445
