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1325 E 1st St
Alamogordo, NM 88310

Southwest NNN Dollar General | Rent Increase · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.17 AC
Parking
35 Spaces (3.88 Spaces per 1,000 SF Leased)
Frontage
190 FT on E 1st Street

About 1325 E 1st St , Alamogordo, NM 88310

The property is surrounded by dense rooftops and has several apartment complexes within close proximity including Monte Vista Townhome Apartments, Desert Palms Mobile Estates and Las Ventanas. East 1st Street has strong traffic at 14,000 ADT and serves a main connector from neighborhoods East of White Sands Boulevard. The property has strong market presence with virtually no competition South or East of the location. Neighboring tenants include McDonald’s, Burger King, Walmart, Wendy’s, Arby’s, Discount Tire, Sonic, Sunbelt Rentals, O’Reilly Auto Parts, Carl’s Jr., Buffalo Wild Wings and many more. The property is just 16 miles from White Sands National Monument, which is the most visited National Park Services site in New Mexico, visited by over 528,000 people in 2016. It is one of the world’s great natural wonders situated at an elevation of 4,235 feet in the Tularosa Basin and has a 275 square mile field of white sand dunes composed of gypsum crystals which rarely occurs as sand. The gypsum dune field is the largest of its kind on Earth. Today, Alamogordo is primarily a service and retail economy that is driven by tourism and a large military installation with a concentration of military retirees.Holloman Air Force Base (AFB) was established in 1942 and base borders are just 6 miles west of Alamogordo. Holloman AFB is a huge part of the local area having a economic impact of $412 million in 2016 while supporting approximately 21,000 Active Duty, Guard, Reserve, retirees, DoD civilians and their family members. Holloman is home to the world’s longest (50,788 feet) and fastest (approximately 10,000 feet per second) test track. The 846th Test Squadron set the world land speed record for a railed vehicle with a run of 6,453 mph. *Broker has an ownership interest in the property

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R015794
Land Assessment
$33,667
Improvements Assessment
$200,838
Total Assessment
$234,505
  • Listing ID: 9758327

  • Date on Market: 10/26/2017

  • Last Updated:

  • Address: 1325 E 1st St, Alamogordo, NM 88310

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