RETAIL INVESTMENT GROUP, LLC 2629 HIGHWAY 180 E | SILVER CITY, NM 88061 $1,050,000 | CAP: 8.0% LEASEHOLD INTEREST (SALE IS FOR THE BUILDING ONLY) RENDERING OF THIS LOCATION - DUE TO BE COMPLETED APRIL 2018 8255 E. RAINTREE DR, SUITE 100 STEVEN I. DAVIS SEAN STEPHENSON MARK MCLOONE ANDREW THOMAS KNIGHT SCOTTSDALE, AZ 85260 Managing Member Associate Associate Broker of Record (480) 429-4580 |
[email protected] [email protected] [email protected] [email protected] License #19541 INVESTMENT SUMMARY PRICE: $1,050,000 CAP: 8.0% PROPERTY INFORMATION INVESTMENT HIGHLIGHTS Address: 2629 Highway 180 E | Silver City, New Mexico Leasehold Interest - Building Only Wal-Mart Supercenter Outparcel Strong 102 Unit Entity New 15 Year Lease Begins @ Time of Sale CAP Rate: 8.0% Absolute NNN Lease / Zero LL Obligations New Conversion Completion March, 2018 NOI: $84,000 Drive-thru Location Close Proximity to Western New Mexico University (±3500 Students) Building Size: ±2,153 Square Feet Land Area: ±27,442 Square Feet Lease Expiration: March 31, 2033 Lease Options: 4x5 Year Options Lessee: QK Holdings, LLC Lease Type: Absolute NNN Increases: 8.5% Every 5 Years Guarantee: QK Holdings, LLC is a 102 Unit Operator of Denny’s & Del Taco The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no representation, guarantee or warranty about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, estimates, opinions use are for example only. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors.