Listing banner image
  • Asking Price
    $6,700,000Asking Price
  • NOI
    $468,620NOI
  • Cap Rate
    7%Cap Rate
  • Gross Leasable Area
    26,763 SFGross Leasable Area
  • Acres
    ~2.52 acAcres
  • Year Built
    2016Year Built

Description

Colliers is pleased to exclusively represent a single-tenant, net-leased Sportsman’s Warehouse located in Las Cruces, NM. This ±26,763 SF freestanding building is strategically located off of the I-25 and N. Telshor Boulevard with combined traffic counts of ±63,137 VPD. Sportsman’s Warehouse (NASDAQ: SPWH) is an outdoor specialty retailer that carries outdoor sporting gear, gunsmithing, and supplies for camping, hiking and birdwatching.

The property benefits from a recently renewed NNN lease for a fresh 10-year term, and two (2) 5-Year options with fixed rent increases. With excellent...

Documents

Offering Summary

  • Asking Price
    $6,700,000
  • Property Type
    Retail
  • Built
    2016
  • Total Acres
    ~2.52 ac

Sale Details

  • Cap Rate
    7.0%
  • NOI
    $468,620

Documents

Property Address

2230 N. Telshor Blvd.
Las Cruces , NM 88011

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2016
  • Lease Type
    NNN
  • Zoning
    Non-Residential Land
  • APN
    4-008-133-181-172
  • Gross Leasable Area
    26,763 SF

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2016
  • Lease Type
    NNN
  • Zoning
    Non-Residential Land
  • APN
    4-008-133-181-172
  • Gross Leasable Area
    26,763 SF

Deal Team

Adam Malan profile image
Adam Malan
Vice Chair Vice Chair
NV RE Lic. 0063542
Deana Marcello profile image
Deana Marcello
Executive Vice President Executive Vice President
NV RE Lic. 174174

Description

Colliers is pleased to exclusively represent a single-tenant, net-leased Sportsman’s Warehouse located in Las Cruces, NM. This ±26,763 SF freestanding building is strategically located off of the I-25 and N. Telshor Boulevard with combined traffic counts of ±63,137 VPD. Sportsman’s Warehouse (NASDAQ: SPWH) is an outdoor specialty retailer that carries outdoor sporting gear, gunsmithing, and supplies for camping, hiking and birdwatching.

The property benefits from a recently renewed NNN lease for a fresh 10-year term, and two (2) 5-Year options with fixed rent increases. With excellent...

Documents

Offering Summary

  • Asking Price
    $6,700,000
  • Property Type
    Retail
  • Built
    2016
  • Total Acres
    ~2.52 ac

Sale Details

  • Cap Rate
    7.0%
  • NOI
    $468,620

Documents

Property Address

2230 N. Telshor Blvd.
Las Cruces , NM 88011

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2016
  • Lease Type
    NNN
  • Zoning
    Non-Residential Land
  • APN
    4-008-133-181-172
  • Gross Leasable Area
    26,763 SF

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2016
  • Lease Type
    NNN
  • Zoning
    Non-Residential Land
  • APN
    4-008-133-181-172
  • Gross Leasable Area
    26,763 SF

Deal Team

Adam Malan profile image
Adam Malan
Vice Chair Vice Chair
NV RE Lic. 0063542
Deana Marcello profile image
Deana Marcello
Executive Vice President Executive Vice President
NV RE Lic. 174174
loader
This website uses cookies to ensure you get the best experience on our website. Learn more