This Land Property is no longer advertised on LoopNet.com.

1711 Main St SW
Los Lunas, NM 87031
NNN Ground Lease Investment · Land For Sale · 1.36 AC

Investment Highlights

  • Fee Simple Land with in-place long term ground lease
  • Excellent land parcel in growing market
  • No Landlord responsibilities

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Hospitality
Total Lot Size 1.36 AC

Description

Exceptional opportunity to acquire, the fee simple ownership of the land, subject to the existing ground lease with owner/operator of Quality Inn. (The land under the hotel, not to be confused with selling the hotel) Long term income stream - Quality Inn's ground lease expires 7/31/2046 No Landlord responsibilities Perfect covered land play Excellent land parcel in growing market Improvements - freestanding 2 story hotel with 44 guest rooms Located just east of Interstate 25 with easy on and off access Please contact Broker for additional information.

  • Listing ID: 25456544

  • Date on Market: 4/12/2022

  • Last Updated:

  • Address: 1711 Main St SW, Los Lunas, NM 87031

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