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206 N Hudson St
Silver City, NM 88061

Fast Stop - Silver City, NM · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

18.50 Years Remaining on Original 20 Year Lease; Four 5year Renewal Option Periods; Absolute NNN; Zero Landlord Responsibilities; Fee Simple
2,468 SF Convenience Store with 4 Fuel Pumps; Qualifies for Immediate Bonus Depreciation; Recent Valero Rebranding & Convenience Store Upgrades
As a Gateway to Gila National Forest, major events like Tour of the Gila and Silver City Blues Festival drive local revenue

2% Annual Increases; Strong Dual Guaranty; Corporate & Personal Lease Guaranty from CEO; 40+ Units (Contact Broker for Details)
Four-Way Signalized Hard Corner; Combined Traffic Count of 16,600 Cars Per Day; Transportation/Maintenance is the Second Highest Consumer Expenditure

EXECUTIVE SUMMARY

Qualifies for Bonus Depreciation

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Service Station

Building Size

2,468 SF

Building Class

Year Built/Renovated

2000/2023

Price

£1,017,974

Price Per SF

£412

Net Initial Yield

8.75%

NOI

£89,073

Tenancy

Single

Number of Floors

Building FAR

0.16

Lot Size

0.36 AC

Opportunity Zone

Yes

PROPERTY TAXES

Parcel Number	3081103151342	Improvements Assessment	£62,699
Land Assessment	£33,258	Total Assessment	£95,958

PROPERTY TAXES

Parcel Number

3081103151342

Land Assessment

£33,258

Improvements Assessment

£62,699

Total Assessment

£95,958

Listing ID: 34877386
Date on Market: 16/05/2024
Last Updated:
Address: 206 N Hudson St, Silver City, NM 88061

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