Courtesy: Era Simmons Real Estate | Shawn Oswalt
  • Price:

    • $1,900,000

  • Listing #:
    • 159868
  • Class:
    • Commercial
  • Status:
    • Active
  • Type:
    • Commercial/other
  • Apx. Sqft.:
    • 65,535
  • Lot Size:
    • 13
  • Sale/Rent:
    • For Sale
  • Year Built:
    • 1968
  • Address:
    • 700 E First ST
  • City:
  • Area:
    • 07 States S Of 8th
  • State:
    • NM
  • Zip:
    • 88310

Description

This is an excellent investment opportunity. Over 155,000 square feet of building space that is leasable. 53 units and 12.84 acres on 1st street next to Wal-Mart. The gross cap rate is over 20 percent and the net cap rate is 11 percent with room for growth. Call today!

For more information on this listing, please contact...

  • Property Taxes
    • Details:
      • - 21275
  • Misc.
    • Business Name:
      • - Granada Shopping Center
    • Grossincome:
      • - 33
      • - 135
  • Size or Dimensions
    • # Acres:
      • - 12.84
  • Lot / Land Details
    • Lot/unit:
      • - 2-4
  • Zoning
    • Details:
      • - Commercial
    • Fld Zone:
      • - U