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Starbucks 719 W Main St 2,331 SF Retail Building Farmington, NM 87401 $2,571,429 ($1,103.14/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 10-Year Corporate Net Lease
- Grand Opening: February 23, 2024
- Visible to 20,298 VPD
- Minimal Landlord Responsibilities
- Household Income of $87,629 within a 5 mile radius
- Strategically located between Main St & Broadway, just north of San Juan Regional Medical Center with 2,000+ employees and 198 beds
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
2,331 SF
Building Class
C
Year Built
1982
Price
$2,571,429
Price Per SF
$1,103.14
Cap Rate
5.25%
NOI
$135,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.06 AC
Opportunity Zone
Yes
Zoning
General Commercial
Parking
30 Spaces (12.87 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Banking
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2076171397319 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $91,161 |
PROPERTY TAXES
Parcel Number
2076171397319
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$91,161
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Starbucks | 719 W Main St
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