Property Details

TITLE:
Mays Pharmacy Building
CONTROL:
Owner
VALUE:
$800,000
LOAN:
$0
EQUITY:
$800,000
TYPE:
Retail/Commercial
HAVE:
Exceptional income opportunity! 8000 sq ft commercial block building strategically located in expanding Moriarty, NM. Under lease until March 31, 2027 generating $4000.00 per month. Includes lot east of the building.
ADDRESS:
600 Central Avenue, Moriarty, New Mexico
BENEFITS TO NEW OWNER:
Highly sought after area & centrally located 8000 sq ft commercial building, adaptable multi-use & priced at $100/sq ft
GROSS SCHEDULED INCOME:
$48,000 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$48,000
EXPENSES:
$7,530
NOI:
$40,470
DEBT SERVICE:
$0
CASH FLOW:
$40,470
CAP RATE:
5.06%
BENEFITS SOUGHT:
Income Grazing land Ranch in New Mexico
CAN ADD:
Cash
REMARKS:
Current lease expires in 1 year
COUNSELOR:
Cynthia Golden-Arnold
ReMax Unlimited
510 N. Guadalupe St., Suite D
Santa Fe, , 87501
Phone: 5052865254