This property was originally built for Golden Corral. This location was in use from 1995 to 2013. The location is a high profile restaurant facility. The building is over 7000 square feet and is in good condition. The property also has 1.148 acres of paved area. The owners will sell or lease this location. They are very motivated. For a lease there can be some Tenant improvement allowance for a long term quality lease. Alamogordo has stable employment with Holloman Air Force base. The F-16's are in the process of moving to Holloman.
Alamogordo is the county seat of Otero County. It has a population of 30,500 and Otero County has a population of 66,000. The employment is 61% private, 29% government, and 9% unincorporated. The trade area is over 75,000. The median home price is $164,000. Median household income is $38,903. - Parking description: Location has 1.148 cares and plenty of parking. - Area description: This property is located on the corner of US Highway 70/54 and Panorama. The area has restaurants and hotels. This is the main entrance to Alamogordo from El Paso, TX. and Las Cruces, NM. - Number of buildings: 1 - Building condition: Good
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Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.