SINGLE TENANT-NNN INVESTMENT-GREAT CREDIT TENANT

Industrial for Sale
Catylist Listing ID: 30642973
Property Subtypes: Flex Space, Net Leased
Building Size (RSF): 7,448 SF
Gross Building Area: See Agent
Sale Price: $1,628,571
Unit Price: $218.66 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed
Cap Rate: 7.0%
Last Updated: 9/20/2020

Overview / Comments

Investment Highlights

100% leased to New Mexico Solar Group

Located in the heart of Rio Rancho’s Business District
Rio Rancho is largest economic hub of Sandoval County, part of the expansive Albuquerque trade area (3rd largest city in New Mexico)

Quality construction

Complete interior remodel in 2019. High end finishes throughout.

Near Intel corporation, one of New Mexico’s largest employers

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Tax ID/APN: R055354
Tenancy: Single Tenant
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,391 74,845 153,829
Median Age: 48.22 40.06 38.21
Households: 5,081 29,417 59,569

Contact

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