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1016 Santa Fe Ave
Clovis, NM 88101
UNITED RENTALS · Industrial Property For Sale
Investment Highlights
- United Rentals, Inc. (NYSE: URI) is the largest equipment rental company in the world with $14.33 billion of revenue in 2023
- Lease offers 3% annual rent increases, including Fair Market Value (FMV) adjustments at each renewal option, serving as a hedge against inflation.
- United Rentals has operated at this facility since 2013 and recently exercised a 5 year option, demonstrating their commitment to this location.
- Industrial NNN Lease – Tenant pays for CAM, taxes, and insurance with minimal landlord responsibilities.
- This is a profitable location for United Rentals as it serves both residential and commercial uses/customers in 12 cities throughout NM and TX.
- With ±1.67 acres of land, this facility offers a building coverage ratio of only 11.68%.
Property Facts
| Property Type | Industrial | Rentable Building Area | 8,500 SF |
| Property Subtype | No. Stories | 1 | |
| Building Class | B | Year Built | 1974 |
| Lot Size | 1.67 AC | Tenancy | Single |
| Zoning | I - Industrial | ||
| Property Type | Industrial |
| Property Subtype | |
| Building Class | B |
| Lot Size | 1.67 AC |
| Rentable Building Area | 8,500 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Tenancy | Single |
| Zoning | I - Industrial |
Property Taxes
| Parcel Number | 121201005728200 | Improvements Assessment | $5,413 |
| Land Assessment | $10,815 | Total Assessment | $16,228 |
Property Taxes
Parcel Number
121201005728200
Land Assessment
$10,815
Improvements Assessment
$5,413
Total Assessment
$16,228
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