For Lease
$3.25/SF/YR

1302 Canal StCarlsbad, NM 88220

High-visibility land, ideal business location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 2.2-acre commercial land parcel, located at 1302 S Canal Street, presents a unique opportunity for businesses seeking high visibility and convenient access. The property features a single-tenant building with approximately 1,782 square feet currently available (Suite 5). Situated within the Cavern City Shopping Center, this location benefits from excellent accessibility from both northbound and southbound Canal Street, ensuring high traffic flow and prominent exposure. Ample parking is available for customers and employees. The property offers a landlord build-out allowance with an acceptable lease, making it an attractive option for businesses needing customized space. The landlord covers water, sewer, and garbage disposal costs; the tenant is responsible for all other utilities. The monthly base rent is $3,712, translating to approximately $25 per square foot. Estimated annual NNN expenses are $1.50 per square foot. The total building area is 13,703 square feet, with only one suite currently available for lease. The Assessor's Parcel Number (APN) is 4157128328247. This prime commercial land offers a compelling combination of location, accessibility, and cost-effective operational features.

Highlights

  • 2.2-acre commercial land parcel.
  • Single-tenant commercial land, APN 4157128328247.
  • 13,703 square foot lot.
  • Available suite: 1,782 square feet; $25/SF monthly base rent; $1.50/SF estimated annual NNN.
  • High visibility location on Canal Street with ample parking; landlord pays water, sewer, and garbage.

Property Details for 1302 Canal St

Property type
Land
RSF (Rentable sq. ft)
13,703 SF

Unit(s) available at that property

Space
Size
13,703 SF
Rate per SF
$3.25

Location Insight

City
Carlsbad
County
Eddy
State
New Mexico
Latitude
32.4073736
Longitude
-104.2271042
1302 Canal St, Carlsbad, New Mexico

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1302 Canal St
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