615 Carlton Ave Farmington, NM 87401

This exceptional investment property located at 615 S Carlton Avenue, Farmington, NM, presents a compelling opportunity for discerning investors. The property is currently leased to a long-standing tenant under a five-year contract with a five-year option, providing significant income stability. The tenant holds a contract with the City of Farmington for water and sewer services, ensuring consistent revenue generation. The current annual base rent is $78,000, with a 3% annual increase built into the lease agreement, offering predictable growth potential. This general commercial property represents a secure investment with a proven track record of consistent income. Detailed financial information is available upon request to qualified buyers, allowing for a thorough due diligence process. The property's location in Farmington, NM, offers convenient access to essential services and infrastructure. This is an ideal opportunity for investors seeking a stable, high-yield investment with a long-term tenant and a strong lease agreement. Serious inquiries only. Complete financial documentation is available to qualified buyers upon request. This is a turnkey investment ready for immediate income generation.