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This Retail Property is no longer advertised on LoopNet.com.

959 Highway 314 SW
Los Lunas, NM 87031
 Los Lunas Strip Center - Los Lunas, NM · Retail Property For Sale

Storefront Properties New Mexico Los Lunas 959 Highway 314 SW, Los Lunas, NM 87031

INVESTMENT HIGHLIGHTS

  • Value-Add Opportunity With Below Market Rents and Ability to Convert Modified Gross Leases Into Triple Net (NNN)
  • New Building Exterior, Metal Awning and LED Lighting Being Done in March 2023
  • 38% of GLA is on an Absolute Triple Net (NNN) Lease (3 Out of 5 Tenants) 
  • New Roof Completed October, 2022. PVC / TPO Material
  • 62% of GLA is on a Modified Gross Lease (2 Out of 5 Tenants)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
8,886 SF
Year Built/Renovated
1980/2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.72 AC
Zoning
Commercial - Commercial
Parking
30 Spaces (3.38 Spaces per 1,000 SF Leased)
Frontage
313’ on Park Lane Southwest

LINKS

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1-009-037-217-515-000000
  • 1-009-038-218-002-000000
 Improvements Assessment $92,100
Land Assessment $36,698 Total Assessment $128,798

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1-009-037-217-515-000000
  • 1-009-038-218-002-000000
Land Assessment
$36,698
Improvements Assessment
$92,100
Total Assessment
$128,798
 

  • Listing ID: 28098739

  • Date on Market: 3/30/2023

  • Last Updated:

  • Address: 959 Highway 314 SW, Los Lunas, NM 87031

More public record information on 959 Highway 314 SW, Los Lunas, NM 87031

The Retail Property at 959 Highway 314 SW, Los Lunas, NM 87031 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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