4504 N Main St

Roswell, NM 88201 | 1.2 Acres / 11,890 SF | Investment Property For Sale

$3,450,000.00


Roswell Place | High-Performing Strip Center | Walmart/Sam's Outparcel

Investment Property For Sale

Price $3,450,000.00
Size 1.2 Acres / 11,890 SF

Additional Information

Roswell Place
High-Performing Retail Strip Center
Walmart/Sam’s Outparcel
4504 N Main St, Roswell, NM 88201

Purchase Price: $3,450,000
NOI: $258,821
CAP Rate: 7.50%
Lease Types: NNN
Building Size: +/-11,890 SF
Land Size: +/- 1.23 acres

 

Roswell Place Investment Highlights

  • Premier location
  • Mix of national, regional, and local tenants
    Long-tenured tenants

    • Many of the tenants have exercised renewal options
  • Strategically located on Main St, the major thoroughfare in Roswell, with more than 15,600 cars per day
  • Large pylon and building signage
  • Dense retail corridor
    • Neighboring tenants include O’Reilly Auto Parts, Hobby Lobby, Panda Express, and McDonald’s, among others
  • Staggered lease rollovers
  • Long-term, predictable cash flow
  • NNN leases
  • Roswell is the 5th largest city in New Mexico
    • 65,000+ trade area population

Location

Cole Flanagan, CPA, MBA

Partner
505.878.0001

Jake Mechenbier

Advisor
505.878.0001

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