3558 E Main St | Farmington, NM 87402
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- LoopNet Team
3558 E Main St
Farmington, NM 87402
STNL Joann / Pad to Home Depot · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Executed Lease / National Tenant Branding | 2022 Revenue: $2.4 Billion | NASDAQ: JOAN
- Frontage Visibility to Over 38,000 VPD Drive-By / Over 112,000 people in trade area / $70,000 AHHI
- Rent Increases Every 5 Years
- Outparcel Location to Home Depot, TJ Maxx, Safeway, Best Buy & Petco Shopping Center
- High Yield Investment – 7.25% Cap Rate | NNN Leased | New 11-Year Lease
- Low Cost PSF Investment - $165/PSf
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
20,282 SF
Building Class
B
Year Built/Renovated
2007/2010
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.45 AC
Zoning
319 - Warehouse Discount Store
Parking
75 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
327’ on East Main Street
PROPERTY TAXES
| Parcel Number | 2000575 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $721,498 |
PROPERTY TAXES
Parcel Number
2000575
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$721,498
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