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435 S Telshor Blvd
Las Cruces, NM 88011
KFC · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,397 SF
Building Class
C
Year Built/Renovated
1988/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.80 AC
Zoning
M1
Parking
20 Spaces (7.67 Spaces per 1,000 SF Leased)
Frontage
165’ on Telshor Blvd
Amenities
- Pylon Sign
- Drive Thru
About 435 S TELSHOR BLVD , LAS CRUCES, NM 88011
The subject property is located at 435 South Telshor in Las Cruces NM. This a 2,397 square foot freestanding building on approximately 0.80 acre parcel. This investment is a 20 year absolute triple net lease with an experienced multi-unit, multi-state operator, 5% rental increases every 5 years with (4) 5-year options to renew beyond 20 year primary lease term. The subject property was originally built in 1985 and recently underwent a major interior/exterior remodel in 2018 that increased annual sales by $300,000+. The Lease will be guaranteed by a 4 unit Franchisee Entity. The Population exceeds 146,000+ within 10 miles of the subject property.
Property Taxes
| Parcel Number | 02-20431 | Improvements Assessment | $115,658 |
| Land Assessment | $173,210 | Total Assessment | $288,868 |
Property Taxes
Parcel Number
02-20431
Land Assessment
$173,210
Improvements Assessment
$115,658
Total Assessment
$288,868
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