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933 W Main St

3,000 SF Retail Building Farmington, NM 87401 £547,451 (£182/SF) 17.24% Net Initial Yield

Executive Summary

Owner Flexible

Attachments

933 WEST MAIN VALUE 3000SF

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,000 SF
Year Built
2008
Price
£547,451
Price Per SF
£182
Net Initial Yield
17.24%
NOI
£94,366
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial
Parking
22 Spaces (7.33 Spaces per 1,000 SF Leased)
Frontage
193 ft on Broadway

Amenities

  • 24 Hour Access
  • Bus Route
  • Corner Lot
  • Restaurant
  • Signalised Intersection
  • Drive Thru
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Rudi
  • Retailer
  • 3,000 SF
  • £1.18
  • NNN
  • Nov 2021
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Rudi Retailer 3,000 SF £1.18 NNN Nov 2021

Nearby Major Retailers

Safeway
Anytime Fitness
Blake's LotaBurger

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2000080
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£119,964
  • Listing ID: 21467520

  • Date on Market: 14/10/2020

  • Last Updated:

  • Address: 933 W Main St, Farmington, NM 87401

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