405 - 409 S Canyon, Carlsbad, New Mexico
405 - 409 S Canyon, Carlsbad, New Mexico 88220 - This investment property is currently leased in first year of five year lease, with a five year option and escalation clause. See associated docs for lease details. This very well maintained property consists of two buildings (parts store and warehouse with 800 sq ft mezzanine). Central location, long term lease. Bring all investors. Approximately 8.5% cap rate before escalation.
Listing Courtesy of CENTURY 21 ASSOCIATED PROFESSIONALS
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