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600 E 9th St
Alamogordo, NM 88310
PNC Bank · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Limited Competition – Only PNC Bank in Otero County
  • Recent Renewal: There are 3 year of term remaining with no additional options, providing investors with the opportunity to add value
  • Core downtown Alamogordo location in strong retail banking location – The subject property is surrounded by several regional and national tenants
  • Investment Grade Credit Tennant: STANDARD & POOR’S: A-
  • Drive Thru – 3 lane drive thru and 14 existing parking spaces located on ±0.34 AC lot.
  • No Options Remaining: PNC recently executed its last remaining option, providing investors with the opportunity to add value

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
2,884 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.34 AC
Zoning
C-1
Frontage
150’ on 9th St N

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R011042
Land Assessment
$25,639
Improvements Assessment
$223,831
Total Assessment
$249,470
  • Listing ID: 29271449

  • Date on Market: 8/14/2023

  • Last Updated:

  • Address: 600 E 9th St, Alamogordo, NM 88310

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