- For Sale $1,350,000
- Property Type Industrial - Manufacturing
- Property Size 8,200 SF
- Lot Size 0.5 Acre
- Date Updated Apr 21, 2024
- Grade Level Doors 2
- HVAC None
Short Drive South from Albuquerque on I-25. On the East side of Los LunasStand Alone Office/Warehouse in Los Lunas.
Tenant is a family owned, established cannabis grow and dispensary owner and operator for over 20 years.
Based in Washington State.
10 dispensaries in AZ, present in multiple States
4 years remaining with annual increases
Currently paing suatainable market rate.
6.77% CAP Rate 2024
7.85% CAP Rate Blended$12/SF Annual Modified Gross Lease
8,200 SF Total
Five year initial term with four years remaining
Two, Five year options to renew
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
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Contacts
Paul Cook
SVN | Walt Arnold Commercial Brokerage
(505) 503-2630
Location
Getting Around
-
Walk Score ®
Car-Dependent (48) -
Bike Score ®
Somewhat Bikeable (43)
Powered by Walk Score ®
- City Los Lunas, NM
- Zip Code 87031
- Market Albuquerque
Points of Interest
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Los Lunas
1.96 miles
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Alon
0.17 miles
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Smith's Gas
0.39 miles
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Alon
0.49 miles
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Speedway
1.01 miles
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J & J Country Mart
1.18 miles
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Speedway
1.82 miles
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Allsup's Convenience Stores, Inc
1.93 miles
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Murphy Express
2.77 miles
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Chevron
2.99 miles
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T T & J Quick Stop
3.09 miles
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Albertsons
0.07 miles
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El Mezquite Market
0.19 miles
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Smith's
0.36 miles
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Walmart Supercenter
3.53 miles
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Gargen Fresh
4.34 miles
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Walmart Supercenter
8.25 miles
Contact Listing Broker
Paul Cook
SVN | Walt Arnold Commercial Brokerage
(505) 503-2630