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304 N Chicago Ave 1,300 SF Retail Building Portales, NM 88130 $299,000 ($230/SF)
Investment Highlights
- Top-performing former Sonic location (Sonic is relocating to a larger site)
- Located along the primary retail corridor in Portales
- 19,500 cars per day
- High-demand drive-in with infrastructure ready for occupancy
- Great visibility from north & southbound traffic
- Full access from multiple directions
Executive Summary
? Top-performing former Sonic
location (Sonic is relocating to a
larger site)
? High-demand drive-in with
infrastructure ready for
occupancy
? Located along the primary retail
corridor in Portales
? Great visibility from north &
southbound traffic
? 19,500 cars per day
? Full access from multiple
directions
? 27 drive-in order stalls
? Large pylon signage
? Desirable hard-corner lot
? Drive-thru potential
? Adjacent to numerous schools
and businesses
location (Sonic is relocating to a
larger site)
? High-demand drive-in with
infrastructure ready for
occupancy
? Located along the primary retail
corridor in Portales
? Great visibility from north &
southbound traffic
? 19,500 cars per day
? Full access from multiple
directions
? 27 drive-in order stalls
? Large pylon signage
? Desirable hard-corner lot
? Drive-thru potential
? Adjacent to numerous schools
and businesses
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,300 SF
Building Class
C
Year Built
2000
Price
$299,000
Price Per SF
$230
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.42 AC
Zoning
C-2 - Community Commercial Zone
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
136’ on North Chicago Avenue
Nearby Major Retailers
Property Taxes
| Parcel Number | 100001000078500 | Improvements Assessment | $61,175 |
| Land Assessment | $10,829 | Total Assessment | $72,004 |
Property Taxes
Parcel Number
100001000078500
Land Assessment
$10,829
Improvements Assessment
$61,175
Total Assessment
$72,004
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304 N Chicago Ave
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