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Owner may consider a lease/purchase, and owner financing of this property. This property could easily be converted to other uses such as offices, daycare, retail, assisted living, church use, or just use it as the current restaurant usage. The property has plenty of parking, has great visibilty and access, and great signage potential.
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On average, listings lease in the $40's per square foot per year. The Bernalillo submarket is going through a a rise in rates. In the last 3 months, the median rate increased $41 per sqft per year. That's a Inf% rise in rent.
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