2525 N PRINCE ST

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2525 N PRINCE ST

CLOVIS, NM 88101
Asking Price
$1.00M
Cap Rate
6%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

JUST LISTED: 7 Brew Coffee DT in Southwest U.S. | Rare Low Rent | Abs NNN Lease <ul><li>​<strong>​Brand New Construction, Dual Drive-Thru 7 Brew Coffee Property in New Mexico</strong></li><li>​15 Year Initial Lease Term w/ 10% Rental Increases</li><li>​Absolute NNN Ground Lease: ultimate ease of management for investor</li><li>​<strong><u>​Ultra-Low Rent $60K NOI: one of the lowest base rents for a 7 Brew Coffee property to be listed for sale historically</u></strong></li><li>​<strong>​Rare Outparcel to 300,000 SF Regional Mall</strong></li><li>​Less than 1.0 mile from Clov

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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