1302 Canal StCarlsbad, NM 88220

Property Details for 1302 Canal St

Property type

Land

Description

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.

Location Insight

City

Carlsbad

County

Eddy

State

New Mexico

Latitude

32.4074

Longitude

-104.227

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