Hobby Lobby | 2001 N Prince St
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Hobby Lobby 2001 N Prince St
57,703 SF Retail Building Clovis, NM 88101 $3,503,386 ($61/SF) 7% Cap Rate
Investment Highlights
- Corporately Leased to $7.9B Revenue Company
- Early Lease Extension | 10.5 Years Remaining | 20+ Years of Operating History
- Only Hobby Lobby in 100 Miles | Limited Competition | 30-Mile Trade Area
- Low Rent of $4.45 PSF
- Co-Anchors Have Top-Performing Metrics | Top 5% Albertsons & Harbor Freight Tools
- Signalized Entrance with 22,876 VPD | 13M Annualized Combined Traffic Count
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
57,703 SF
Building Class
B
Year Built/Renovated
1974/2007
Price
$3,503,386
Price Per SF
$61
Cap Rate
7%
NOI
$245,237
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
1.33 AC
Parking
526 Spaces (9.12 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $1,232,089 | |
Land Assessment | $329,228 | Total Assessment | $1,561,317 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$329,228
Improvements Assessment
$1,232,089
Total Assessment
$1,561,317
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Hobby Lobby | 2001 N Prince St
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