915 Silver Heights Blvd Silver City, NM 88061
High-performing convenience store, 19-year lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- 1,544 SF Fast Stop convenience store and gas station on a 0.66-acre lot, located at 915 Silver Heights Boulevard, Silver City, NM 88061.
- Absolute triple-net (NNN) lease with approximately 19 years remaining, including four 5-year renewal options.
- 2% annual rent increases built into the lease.
- Corporate and personal guarantee from Fast Stop Management and its CEO.
- Strong rent coverage ratio.
- Excellent location on Highway 180, near Domino's, Denny's, Comfort Inn, and other national tenants.
Property Details for 915 Silver Heights Blvd
- Property type
- Retail properties, Retail space
- Square Feet
- 1,544 SF
- Year Built
- 1980
- Lot Size (sq. ft)
- 28,750 SF
Location Insight
- City
- Silver City
- County
- Grant
- State
- New Mexico
- Latitude
- 32.7837641
- Longitude
- -108.2661592
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-performing convenience store, 19-year lease.
- Where is the retail property located?
- The property is located at 915 Silver Heights Blvd Silver City, NM.
- What is the asking price?
- The asking price for this property is $1,428,571.
- What are key features of this property?
- This property features: 1,544 SF Fast Stop convenience store and gas station on a 0.66-acre lot, located at 915 Silver Heights Boulevard, Silver City, NM 88061.; Absolute triple-net (NNN) lease with approximately 19 years remaining, including four 5-year renewal options.; 2% annual rent increases built into the lease.
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