8255 E. Raintree Dr, Suite 100 - Scottsdale, AZ 85260
info@retail1031.com
call us: 480-429-4580
Sherwin Williams | Farmington, NMsale

Sherwin Williams | Farmington, NM

, For Sale.
$275,000

Investment Highlights

  • Corporate Guarantee

  • 2 Miles from Farmington Airport

  • Prime Location in Downtown Farmington

  • Low Price Point / Bite Sized Deal

  • Tenant in Same Location for 45 Years

  • 1.3 Miles from WalMart Supercenter

  • 13,000 Square Feet Area

  • Tenant Only Paying $1.66 / SF in Rent – Well Below Market

Investment Summary

CAP Rate: 6.28%
Lessee: Sherwin Williams
Building Size: ±13,000 Square Feet
Lease Expiration: October 31, 2018
Lease Options: 1 x 5 Year Option
NOI: $17,259
Lease Type: NN Lease
Increases: $23,724 – 11/1/18

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More Information

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