101 White Sands Blvd Listing Details & Market Data

101 White Sands Blvd, Alamogordo, NM 88310

  • For Sale $1,951,000
  • Property Type Retail
  • Property Size 2,400 SF
  • Lot Size 0.33 Acre
  • Cap Rate % 8.6
  • NOI / YR 167760
  • Year Built 1979
  • Year Renovated 2022
  • Date Updated Nov 7, 2023
  • HIGH YIELDING INVESTMENT – Property is being offered at a Year-1 in place cap rate of 8.60%
  • STRONG OPERATOR – The parent company, Schwazze, boasts a successful track record as a multi-state operator, presently managing operations across New Mexico and Colorado. With an impressive portfolio of over 62 dispensaries, 6 cultivation facilities, and 4 manufacturing facilities, Schwazze has demonstrated market dominance. Notably, they have showcased a year-over-year (YOY) growth in Revenue and Adjusted Gross Profit Margin, coupled with a reduction in corporate SG&A, leading to a noteworthy adjusted EBITDA Margin of 34.7% for Q2’3 TTM.
  • FAVORABLE RENTAL INCREASE – 10% every 5-Years providing investors with a hedge against inflation.
  • LONG LEASE-TERM REMAINING – The lease’s base term extends for over 9 years, providing investors a stable and predictable income stream for the foreseeable future.

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Attachments

Contacts

broker

Alexander Machado

Matthews Real Estate Investment Services

(305) 359-5207

broker

Daniel Gonzalez

Matthews Real Estate Investment Services

(305) 395-6972

broker

Connor Knauer

Matthews Real Estate Investment Services

(404) 400-2794

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (64)

  • Bike Score ®

    Bikeable (51)
Powered by Walk Score ®
  • City Alamogordo, NM
  • Zip Code 88310
  • Market El Paso

Points of Interest

  • Alon

    0.03 miles

  • Murphy Express

    0.14 miles

  • Valero

    0.47 miles

  • Shell

    0.49 miles

  • Phillips 66

    0.73 miles

  • Save-o-Mat

    0.78 miles

  • Circle K

    1.31 miles

  • Speedway

    1.70 miles

  • Allsups

    1.76 miles

  • Speedway

    1.83 miles

  • Alameda Zoo parking

    0.71 miles

  • Taiwan Kitchen

    0.04 miles

  • Domino's

    0.04 miles

  • Long John Silver's

    0.10 miles

  • A&W

    0.10 miles

  • Burger King

    0.10 miles

  • McDonald's

    0.14 miles

  • Margoes

    0.21 miles

  • Wendy's

    0.25 miles

  • Tiger Burger

    0.27 miles

  • Thai Cuisine

    0.29 miles

  • Walmart Supercenter

    0.26 miles

  • Lowe's

    0.78 miles

  • Albertsons

    1.09 miles

  • Doller Tree

    1.84 miles

  • Natures Pantry

    2.35 miles

  • Walmart Neighborhood Market

    2.49 miles

  • Ross

    2.81 miles

  • Marshalls

    2.83 miles

Contact 101 White Sands Blvd