For Sale
$1,595,000
603 Silky Way Española, NM 87532
High-Yield Anytime Fitness Storefront
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- $1,595,000 asking price for a 5,500 SF retail storefront.
- 13-year remaining lease term (absolute net lease) with Anytime Fitness, commencing July 1, 2023, and expiring June 30, 2037.
- 8.00% cap rate with a $127,308 NOI.
- Excellent visibility and accessibility from Silky Way, with easy access to N Riverside Dr, and visibility to over 30,000 vehicles per day.
- Strong co-tenancy with national retailers including Walmart, Lowe's, Starbucks, McDonald's, Dollar Tree, AutoZone, and CVS.
- Built in 2017.
Property Details for 603 Silky Way
- Property type
- Retail properties, Retail space
- Square Feet
- 5,500 SF
- Year Built
- 2017
Location Insight
- City
- Española
- County
- Rio Arriba
- State
- New Mexico
- Latitude
- 36.0128149
- Longitude
- -106.0629876
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Anytime Fitness Storefront
- Where is the retail property located?
- The property is located at 603 Silky Way Española, NM.
- What is the asking price?
- The asking price for this property is $1,595,000.
- What are key features of this property?
- This property features: $1,595,000 asking price for a 5,500 SF retail storefront.; 13-year remaining lease term (absolute net lease) with Anytime Fitness, commencing July 1, 2023, and expiring June 30, 2037.; 8.00% cap rate with a $127,308 NOI.
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