220 S Canal St | Carlsbad, NM 88220
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220 S Canal St
Carlsbad, NM 88220
Retail Property For Sale
Investment Highlights
- Building Size: 5,400 SF
- CAP Rate: 6%
- New Construction
- NOI: $150,000.00
- Lease Type: NNN
- Strong Tenant Mix
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,400 SF
Building Class
C
Year Built
2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.69 AC
Parking
10 Spaces per 1,000 SF Leased
About 220 S Canal St , Carlsbad, NM 88220
Two Tenant NNN investment opportunity located at a key intersection in Carlsbad, NM. The leases in place provide for little to no landlord involvement during the primary term of the leases. The investment property can be easily managed from outside the area and the newly constructed building should provide for little maintenance for the foreseeable future.
PROPERTY TAXES
| Parcel Number | 4-157-127-251-388 | Improvements Assessment | $163,192 |
| Land Assessment | $35,652 | Total Assessment | $198,844 |
PROPERTY TAXES
Parcel Number
4-157-127-251-388
Land Assessment
$35,652
Improvements Assessment
$163,192
Total Assessment
$198,844
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