615 Carlton Ave Farmington, NM 87401

This exceptional investment property, located at 615 S CARLTON Avenue in Farmington, New Mexico, presents a compelling opportunity for discerning investors. The 9,160 square foot warehouse is currently leased to a tenant with a long-standing contract with the City of Farmington for water and sewer services. This provides a stable and reliable income stream. The current five-year lease includes a five-year option with annual rent increases of 3%, ensuring consistent growth in rental income. The current annual base rent is $78,000. The property's location in San Juan County, zip code 87401, offers convenient access to key infrastructure and services. Detailed financial information is available upon request to qualified buyers. This is a turnkey investment with a proven track record of consistent rental income, making it an attractive addition to any portfolio. The property is classified as industrial and specifically as a warehouse. While the lot size is not specified, the building itself offers substantial space for various industrial uses. This presents a rare opportunity to acquire a stable, income-generating asset in a growing market. Serious inquiries only.