527 N. Riverside Dr.

Espanola, NM 87532 | 1.0 Acres / 11,026 SF | Investment Property For Sale

$847,000.00


Great Value on Española’s Main Street

Array

Investment Property For Sale

Price $847,000.00
Size 1.0 Acres / 11,026 SF
Zoning Business Commerical

Additional Information

76 PLAZA AT N. RIVERSIDE DR. & SANTA CRUZ RD.

Sale Price: $847,000
Price/SF: $76.82
Net Operating Income: $78,002
Cap Rate: 9.2%

Property Highlights:
• 100% occupied retail center
• Upside potential by renewing leases with NNN and leasing ±6K SF storage
• Located at signalized intersection
• Good visibility with easy access
• Adjacent to iconic El Paragua Restaurant, Italian Infusion, Santa Claran Hotel & Casino
• Monument sign at corner
• Ample parking
• Owner financing available

 

 

Location

Carlos Garcia

Qualifying Broker, NAI Maestas & Ward, Santa Fe Division
505.988.8081

Joel Cumplido

Advisor
505.988.8081

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