Former Blake's Lotaburger on 1st Street

Retail-Commercial for Sale
Catylist Listing ID: 30581124
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 1,576 SF
Gross Building Area: See Agent
Gross Land Area: 0.46 Acres
Sale Price: $78,800
Unit Price: $50 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Usable Size (USF): 1,576 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/30/2020

Overview / Comments

Free-standing, former Blake's Lotaburger:

- 1,576+- SF
- 0.456+- AC
- Corner lot with excellent visibility
- Easy access
- Walking distance from Grants High School (819 students) and Public Library
- 37 parking spaces

Additional Details

Nearest MSA: Grants
County: Cibola
Tax ID/APN: R15866
Zoning: C-2 COMMERCIAL, CITY OF GRANTS
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: 1st St.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,906 9,880 11,358
Median Age: 38.47 35.32 35.15
Households: 1,567 3,597 4,146

Contact

Photograph of Listing Agent

Stephen Lyon, CCIM

Pegasus Group LLC
CARNM CIE Member
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