316 Cedar St Deming, NM 88030
Deming, NM: High-growth QSR investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Brand new 2023 Popeye's construction with a primary lease term exceeding 19 years.
- Triple-net (NNN) lease; no landlord responsibilities.
- 7% rent increase every five years throughout the primary term and options.
- Strong demographics: 19,000+ residents within a 5-mile radius and 1.3% annual population growth.
- High-traffic retail location near Tractor Supply, Walmart, Deming High School, and other national retailers.
- High visibility: 16,000+ vehicles per day (VPD) on I-10 and Cedar Street frontage.
Property Details for 316 Cedar St
- Property type
- Retail properties
- Square Feet
- 2,843 SF
- Year Built
- 2023
- Buildings
- 1
- Lot Size (sq. ft)
- 40,075 SF
- Units
- 1
Location Insight
- City
- Deming
- County
- Luna
- State
- New Mexico
- Latitude
- 32.270248442175
- Longitude
- -107.75568784786
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Deming, NM: High-growth QSR investment.
- Where is the retail property located?
- The property is located at 316 Cedar St Deming, NM.
- What is the asking price?
- The asking price for this property is $2,769,230.
- What are key features of this property?
- This property features: Brand new 2023 Popeye's construction with a primary lease term exceeding 19 years.; Triple-net (NNN) lease; no landlord responsibilities.; 7% rent increase every five years throughout the primary term and options.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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