For Sale
$679,000
1016 Santa Fe Ave Clovis, NM 88101
Net-leased warehouse, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Strong corporate guarantee from United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company.
- Triple-net (NNN) lease with tenant responsible for CAM, taxes, and insurance.
- Favorable 3% annual rent increases with two 5-year renewal options at fair market value.
- 8,500 SF industrial facility on a 1.67-acre lot with a low 11.68% building coverage ratio, offering expansion potential.
- Strategically located near the intersection of US Routes 60 and 70, serving a wide service area.
- United Rentals has occupied the property since 2013, demonstrating long-term commitment.
Property Details for 1016 Santa Fe Ave
- Property type
- Warehouses, Industrial properties
- Square Feet
- 8,500 SF
- Year Built
- 1974
- Buildings
- 2
- Lot Size (sq. ft)
- 72,745 SF
Location Insight
- City
- Clovis
- County
- Curry
- State
- New Mexico
- Latitude
- 34.3977696
- Longitude
- -103.1944027
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - Net-leased warehouse, strong tenant.
- Where is the warehouse located?
- The property is located at 1016 Santa Fe Ave Clovis, NM.
- What is the asking price?
- The asking price for this property is $679,000.
- What are key features of this property?
- This property features: Strong corporate guarantee from United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company.; Triple-net (NNN) lease with tenant responsible for CAM, taxes, and insurance.; Favorable 3% annual rent increases with two 5-year renewal options at fair market value.
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