Carvana (NYSE: CVNA) as current tenant @ $13,000 NNN/monthly

Industrial for Sale
Catylist Listing ID: 30775058
Property Subtypes: Free-Standing, Light Industrial, Net Leased, Warehouse/Distribution
Building Size (RSF): 8,150 SF
Gross Land Area: 3.03 Acres
Sale Price: $2,400,000
Unit Price: $294.48 PSF
Office SF: 1,931 SF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: 2600 Karsten Court Southeast
Usable Size (USF): 8,150 SF
Sale Terms: Cash to Seller
Cap Rate: 6.5%
Average Occupancy Rate: 100
Last Updated: 11/24/2021

Overview / Comments

Located off of the high traffic Interstate 25 corridor, this location is within close proximity of the Albuquerque International Sunport.​ This property is a great investment at a 6.5% cap rate featuring Carvana (NYSE: CVNA) as the current tenant in place @ $13,000 NNN per month.​ The lease commencement date was July 28th, 2021 starting their 3 year lease with two 3 year options.​

This building has 26 dock doors, 3+ acres of land and newly resealed asphalt
parking lot.​

12’ - 14’ clear ceiling height

**Listing Broker has an ownership interest

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: South Valley
Taxing Authority: Bernalillo County
Tax ID/APN: 101405548740910601
Zoning: NR-LM - Non-residential: Light Manufacturing
Property Located Between: San Jose and Broadway
Highway Access: Close in proximity to interstate 25
Airports: Sunport International
Site Description: Site consists of a 8.150 sq ft freestanding building with a 26 door cross dock configuration. Property sits on 3.032 acres.
Area Description: Area is predominantly an industrial use area.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2006
Roof Type: Other
Construction/Siding: Concrete

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,883 87,496 246,313
Median Age: 29.91 34.45 34.81
Households: 2,298 36,803 99,972

Contact

Photograph of Listing Agent

Joe R. Romero, CCIM

Colliers International CARNM CIE Member
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