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616 S White Sands Blvd
Alamogordo, NM 88310
Single-Tenant Net Lease Investment Asset · Retail Property For Sale
Executive Summary
Well-located top-performing unit
Multi-unit, multi-brand operator who operates over 800 units across 8 brands –including 475 Little Caesars
This location ranks in the top 5% nationally in the chain in terms of customer traffic
15 years remaining on the 20-year term of the lease with four options, each being 5 years
10% increases every 5 years
±1,910 SF building on ±0.28 acre site with drive thru
Located along a main retail corridor with other top performing QSR’s
Alamogordo is the home of White Sands National Park, Holloman AFB and White Sands Missile Range
Multi-unit, multi-brand operator who operates over 800 units across 8 brands –including 475 Little Caesars
This location ranks in the top 5% nationally in the chain in terms of customer traffic
15 years remaining on the 20-year term of the lease with four options, each being 5 years
10% increases every 5 years
±1,910 SF building on ±0.28 acre site with drive thru
Located along a main retail corridor with other top performing QSR’s
Alamogordo is the home of White Sands National Park, Holloman AFB and White Sands Missile Range
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,910 SF
Building Class
C
Year Built
2007
Price
$1,585,000
Price Per SF
$829.84
Cap Rate
5.90%
NOI
$93,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.28 AC
Zoning
C-3
Frontage
120’ on White Sands Blvd
Property Taxes
| Parcel Number | R010119 | Improvements Assessment | $123,015 |
| Land Assessment | $36,720 | Total Assessment | $159,735 |
Property Taxes
Parcel Number
R010119
Land Assessment
$36,720
Improvements Assessment
$123,015
Total Assessment
$159,735
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