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- LoopNet Team
600 E 9th St
Alamogordo, NM 88310
BBVA Compass · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- BBVA Compass is among the top 25 largest U.S commercial banks based on deposit market share.
- Substantial population growth of nearly 10% over the next 5 years.
- Over 4 years remaining on current term with one more option to extend.
- BBVA Compass Bank is recognized as one of the leading small business lenders.
- Proven location – BBVA Compass recently extended their lease.
PROPERTY FACTS
ABOUT 600 E 9TH ST , ALAMOGORDO, NM 88310
1. Top Credit Tenant - BBVA offers a top S&P investment grade credit of “A- “Credit Rating by S&P with a market cap of $42.624B. 2. This market services one of the nation’s top ranked national parks, the White Sands National Park, which attracts more than 600,000 visitors a year. 3. This site is less than a mile from the recently approved, 8.7 Million SF Ultra Health headquarters, the largest cannabis cultivation site in North America. 4. Neighboring tenants include Lowe’s Market, Walgreens, Wells Fargo, Albertsons, Walmart, AutoZone, McDonald’s, Wendy’s, Buffalo Wild Wings, Arby’s and more. 5. Below Market Rent – Opportunity for investor to release the property at significantly higher rents at the end of BBVA Compass’ lease.
PROPERTY TAXES
| Parcel Number | R011042 | Improvements Assessment | $223,831 |
| Land Assessment | $25,639 | Total Assessment | $249,470 |
PROPERTY TAXES
