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1300 S White Sands Blvd 5,500 SF 100% Leased Retail Building Alamogordo, NM 88310 $2,850,000 ($518.18/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully leased NNN investment
- Tenants: Starbucks, Wing Stop, Rocky Mountain Cannabis
- Location benefits from strong traffic counts and visibility along a high-exposure corridor
- New Construction (2020 Build)
- Prime location on S White Sands Blvd, Alamogordo’s main retail thoroughfare
- Surrounded by national retailers including Walmart, McDonald's, Burger King, Taco Bell, and more
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,500 SF
Year Built
2020
Price
$2,850,000
Price Per SF
$518.18
Cap Rate
6.75%
NOI
$192,375
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
1.47 AC
Zoning
C-3 - Community Commercial
Parking
58 Spaces (10.55 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R010047 | Improvements Assessment | $379,799 |
| Land Assessment | $111,005 | Total Assessment | $490,804 |
PROPERTY TAXES
Parcel Number
R010047
Land Assessment
$111,005
Improvements Assessment
$379,799
Total Assessment
$490,804
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1300 S White Sands Blvd
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