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Starbucks Drive-Thru / Verizon Shops 1404 N Riverside Dr 5,600 SF 100% Leased Retail Building Espanola, NM 87532 $3,059,550 ($546.35/SF) 6% Cap Rate
Investment Highlights
- 100% Leased to 4 National Tenants: Starbucks, Verizon, Great Clips, and T-Mobile
- Outparcel to Lowe's and Surrounded by Major Retailers: Walmart Supercenter, Chili's Grill & Bar, McDonald's, Wendy's, and More
- Minutes from Presbyterian Española Hospital, Northern New Mexico College, Ohkay Hotel Casino, and Santa Claran Hotel Casino
- All Triple-Net (NNN) Leases with Rental Increases and Renewal Options
- Growing Trade Area Situated within an Hour's Drive of Northern New Mexico's Major Cities: Santa Fe, Taos, and Los Alamos
- Close Proximity to Española and Rio Arriba County's Municipal Complex (Police Department, Courts, Educational Facilities, etc.)
Executive Summary
Española is a city primarily in Rio Arriba County, New Mexico, with a portion of the city located in Santa Fe County. Located within the Albuquerque-Santa Fe-Los Alamos combined statistical area, Española has an estimated 10,500 residents. Española sits halfway between Santa Fe and Taos and is 30 minutes from Los Alamos. The city itself is bordered by the centuries-old Santa Clara and Ohkay Owingeh Pueblos.
Property Facts
Amenities
- Drive Thru
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-047-121-232415 | Improvements Assessment | $352,313 |
| Land Assessment | $99,037 | Total Assessment | $451,350 |
Property Taxes
Contact the Sale Advisor
Starbucks Drive-Thru / Verizon Shops | 1404 N Riverside Dr